Kathmandu. The U.S. economy is going through a major upheaval. President Donald Trump is making rapid decisions in his second term. The impact of which has been seen all over the world, including america.
Meanwhile, the share of the top 10 stocks in the US equity market has reached a record 76%. It broke the record of the Great Depression of the 1930s. Even at the time of the dotcom bubble in 2000, it was 73%. In the 1980s, the share of the top 10 stocks in the U.S. equity market was less than 50%.
Eight of the world’s top 10 companies are from the US. Nvidia has a market capitalization of $4.408 trillion. Microsoft ($3.871 trillion), Apple ($3.265 trillion), Google’s parent company Alphabet ($2.380 trillion), Amazon ($2.379 trillion), Meta Platform ($1.913 trillion), Broadcom ($1.428 trillion), Tesla ($1.039 trillion) and Berkshire Hathaway ($1.039 trillion) are ranked tenth.
Meanwhile, the share of the top 10 companies in the S&P 500 has also reached 40% of the total market capitalization of the index. It is also a record in itself.
A lot of investment is coming into america. IPhone maker Apple has announced an investment of $ 600 billion in the US. It is expected to create 20,000 new jobs in the US.
Nvidia will invest $200 billion and TSM $100 billion. Companies like Johnson & Johnson, Microsoft, Eli Lilly, Energy Capital and Hyundai have also announced investment in the US. – Agency
