Question
The S&P 500 Index is a market-weighted index of U.S. large-cap stocks. The index accounts for approximately 80% of market value of the the U.S.
The S&P 500 Index is a market-weighted index of U.S. large-cap stocks. The index accounts for approximately 80% of market value of the the U.S. equities market and is often regarded as synonymous with "the market" as a whole.
In September, 2020, the FAANG stocks accounted for nearly 20% of the value of the S&P 500 index. Do you think the S&P 500 is a diversified index?
What impact have the FAANG stocks had on the S&P 500 performance during the COVID pandemic?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
