Shocking Stat of the Day:
The top 10 US stocks now have a combined market cap of $24.5 trillion — that’s 5 times the total value of the Euro Stoxx 50.
They are 5–6 times larger than Germany’s and Japan’s economies individually.
The top 5 stocks alone surpass the combined economies of Germany, Japan, India, and the UK.
US large-cap stocks are dominating global markets.
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