The ‘Stealth’ Bear Market Is Getting Worse: 60% of S&P 500 Stocks Are Now Down 20%+
- Over 60% of S&P 500 companies are now in bear-market territory, with many major tech and crypto stocks experiencing significant declines.
- The Magnificent Seven tech stocks have collectively lost about $4 trillion in market capitalization, with Alphabet and Meta among the hardest hit.
- The current market dynamics suggest a weakening of the previously supportive mega-cap stocks, raising concerns about the sustainability of the S&P 500's near-record levels.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
- Over 60% of S&P 500 companies are now in bear-market territory, with many major tech and crypto stocks experiencing significant declines.
- The Magnificent Seven tech stocks have collectively lost about $4 trillion in market capitalization, with Alphabet and Meta among the hardest hit.
- The current market dynamics suggest a weakening of the previously supportive mega-cap stocks, raising concerns about the sustainability of the S&P 500's near-record levels.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
