Russell 2000 (RUT) Is Near All-Time Highs, while Nasdaq (NDX) Struggles in the Support Zone
Russell 2000 rises on the positive vaccine news, while Nasdaq struggles again.
The Tech Sector Is the Most Crowded Now, Thanks to Apple (AAPL), Microsoft (MSFT), Facebook (FB) and Amazon (AMZN)
Combined Market Cap of FANGMAN Dropped by $1 Trillion in 7 Days
But 7 companies still account for more than 25% of S&P 500 combined market capitalization.
Combined Market Cap of 7 Biggest Tech Companies, Including Apple (AAPL), Microsoft (MSFT) and Amazon (AMZN) Fell by $500 Billion in One Day, Which Equals to Sweden's GDP
One day market cap decline of 7 companies equals to the GDP of a prosperous European country.