Apple and Microsoft accounted for 15% of S&P 500 gains in 2019That's more than the next eight biggest contributors combined...
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Apple and Microsoft accounted for 15% of the S&P 500's gains in 2019.
That's more than the next eight biggest contributors combined.
Apple and Microsoft grew by 85% and 55% respectively this year.
Apple and Microsoft accounted for 15% of the S&P 500's gains in 2019, according to a CNBC report.
CNBC data has revealed that their respective contributions of 8.2% (Apple) and 6.6% (Microsoft) accounted for 14.8% of total gains, more than the next eight biggest contributors combined. That list of eight includes Facebook, Amazon, and AT&T. The report states:
Apple and Microsoft, which surged 85% and 55% this year respectively, together accounted for nearly 15% of the S&P 500′s advance in 2019, according to S&P Dow Jones Indices. Their influence to the cap-weighted index this year is greater than the next 8 biggest contributors combined. Through Monday, the S&P 500 was u...
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Apple and Microsoft accounted for 15% of S&P 500 gains in 2019
