U.S. stock market mid-year review: Up 14% in the first half, with 60% driven by five major tech stocks, and Nvidia alone contributing over one-third
In the first half of the year, nearly 60% of the U.S. stock market's gains were driven by just five tech giants: $NVIDIA(NVDA.US$ , $Microsoft(MSFT.US$ , $Amazon(AMZN.US$ , $Meta Platforms(META.US$ , and $Apple(AAPL.US$ . $NVIDIA(NVDA.US$ alone contributed 31% of the gains.
In the second quarter, Nvidia, Apple, and Microsoft contributed over 90% of the overall market gains.
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