Top Heavy = Top Losses

Posted by Samuel A. Kiburz on May 19, 2022 12:00:00 AM

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This chart is from today’s Wall Street Journal. Because of their heavy weights in the S&P 500 index, eight companies make up half of the stock market’s 14% decline year to date. It is notable that the value index was only down 3%, while the technology-heavy growth indexes are down 25%. As usual, the S&P 500, which includes both, splits the difference.

Topics: Chart of the Day