Where Data Tells the Story
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As of July 10, 2024, the market capitalization of the U.S. top ten stocks had surged by 41.2% year-to-date, compared to an 8.9% increase for the rest of the S&P 500. However, between July 10 and September 30, 2024, the top ten stocks experienced a 5.8% decline in market capitalization, while the rest of the S&P 500 grew by 6.5%.