Tech sector now represents 49% of S&P 500 market value, exceeding the 2000 Dot-Com Bubble peak by 9 percentage points.
Macro & Markets ·
The Technology, Media, and Telecom sector now represents 49% of the S&P 500's market value, exceeding the 2000 Dot-Com Bubble peak by 9 percentage points and the late-1960s high by 20 percentage points. This weighting surpasses the combined weight of the financials, cyclicals, and defensives sectors. During the 2008 Financial Crisis, the same sector accounted for approximately 19% of the index.