PATRICE RASSOU: Behold the Magnificent Seven, with Nvidia as the brightest star
The tech giants account for about a third of the market cap of the S&P’s largest 500 companies
19 February 2024 - 05:00
As the investment adage goes, “time in the market is more important than timing the market”.
Global equity markets posted eye-popping gains of 23% in hard currency in 2023, after declining by 18% in 2022. The tech-heavy Nasdaq index led the rally, delivering most of its gains in the first half of 2023 when it rose 39% — its strongest start to a calendar year on record,..
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