The S&P 500 is on track to rise for a fifth consecutive session, extending its year-to-date advance after having tumbled briefly into a bear market in February. The index has risen near 5 per cent this week.
From the S&P 500’s last all-time high on February 19 to its recent low on April 8, the 30 largest stocks lost about $US6.3 trillion in market cap, according to Bespoke Investment. The rest of the S&P 500 only lost $US4.2 trillion.
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