Where Data Tells the Story
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The world’s biggest stock markets, ranked by their total market cap. All figures come from S&P Dow Jones Indices, and are as of Feb 29, 2024.
The combined market cap of the Magnificent Seven was included as a reference point.
Although Tesla is down 27% YTD in 2024, the Magnificent Seven continues to dominate thanks to Nvidia’s rapid ascension into a $2T company. Overall, the group accounts for roughly a quarter of the overall U.S. stock market.
India’s total market cap rose above $4T for the first time ever in early 2024, cementing the country as the world’s fourth largest equity market.