S&P 500 Is the Leader Among Other Stock Market's Indices
According to the observations of Michael A. Gayed, a portfolio risk manager and a market analyst, for the first three quarters of 2020, the S&P 500 retains its global leadership, which even the impact of the crisis has not been a hindrance.
Since April, when global markets began recovering from the short-term crisis, the S&P 500 has gained 49.8%. It should be noted that at the peak in early September, the growth was about 60%, but the fall correction cooled the market. Nevertheless, even after the correction, the S&P 500, outperforms other indexes that track the state of the economies of Japan, China, the Eurozone, and world.
World Recovers From Spring Crisis
All global markets have grown on average by about 40% (ETF MSCI ACWI is responsible for tracking the world market), with the Eurozone in second place in terms of growth since April.
It is worth to mention that in the S&P 500 itself, only the five largest companies, Amazon, Apple, Facebook, Alphabet and Microsoft, showed the best dynamics. The remaining 495 companies are still below their all-time highs in January and February.