The Magnificent 7 Dwarfs Entire Countries’ Market Caps 📈

What we’re showing

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.

Might of the Magnificent Seven

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 climbs the ranks

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.