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We propose you today to find the last video of the Youtube channel Bloomberg Television which is simply called Can the 'Magnificent Seven' Ride Again? | Presented by CME Group. If you liked it, don't hesitate to like the content to support the author of the video!
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For your information, you can find below the description of the video Can the 'Magnificent Seven' Ride Again? | Presented by CME Group published by the Youtube channel Bloomberg Television:
The “Magnificent Seven,” the group of mega-cap stocks comprising Nvidia, Microsoft, Amazon, Alphabet, Meta, Apple and Tesla, have driven US equity indexes to unprecedented heights in recent years. In 2023, the year the group earned its epithet, the Magnificent Seven powered their way to a 75.7% return, while the S&P 500 increased by a mere 24.2%. However, 2024 has (so far at least) removed some of the luster of these previously unassailable giants. With year-to-date returns only slightly exceeding the broader index, what has unsaddled the Magnificent Seven? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight