IT stocks now dominate nearly 40% of major US stock market index | NVIDIA shares rose 46% over the past year | Inshorts
The Information Technology sector now accounts for 38.33 of the MSCI USA Index, which tracks the performance of the large and midcap segments of the US equity market, Financial Express reported. The figure has risen by more than 15 percentage points over the past four years. NVIDIA accounts for about 7.79 of the index, while Apple makes up about 6.96.
The Information Technology sector now accounts for 38.33 of the MSCI USA Index, which tracks the performance of the large and midcap segments of the US equity market, Financial Express reported. The figure has risen by more than 15 percentage points over the past four years. NVIDIA accounts for about 7.79 of the index, while Apple makes up about 6.96.
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