Seven tech stocks, including Meta, Nvidia and Apple, have accounted for roughly 90 percent of the S&P’s gains over the past 12 months.
Joe Rennison is a markets reporter for The New York Times, specializing in financial markets. With previous experience at the Financial Times and Risk Magazine, Joe has a deep understanding of the global financial landscape and provides insightful analysis on market trends, economic indicators, and the impact of geopolitical events on financial markets. His work has been featured in various publications, including RealClearMarkets, WRAL, The Seattle Times, and The Spokesman-Review.