Where would the S&P be without big tech right now?⁠ ⁠ While the index is up 9.7% this year, an overwhelming majority of gains are coming from just five companies. ⁠ ⁠ If you removed Nvidia’s 159% surge and stalwarts like Apple +36%, Amazon +44%, Alphabet +39%, and Microsoft 37%, the index would be up just 1.5% YTD.⁠ ⁠ #bigtech #faang #apple #amazon #nvidia #sp500 #meta #microsoft #investing #finance #businessnews