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Lisa Abramowicz, journalist and co-host on Bloomberg TV/Radio, reports that just five companies—Alphabet, Nvidia, Amazon, Broadcom and Apple—have contributed to half of the S&P 500's growth since April.
This concentration highlights the significant influence a handful of technology and semiconductor companies have had on the broader U.S. stock market in recent months.
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Abramowicz has recently highlighted other notable shifts in global markets. She reported that inflation expectations over the next decade have climbed to 2.5 percent, the highest since 2023. In a separate update, she noted that the Japanese 10-year government bond yield rose to a post-1997 high of 2.52 percent. These developments come as longer-term rates and spending continue to rise.