The S&P 500 Hit an All-Time High in the First Half of 2024 -- Should Investors Expect a Decline to Finish the Year? [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance
Luckily, the index has bounced back since then, finishing 2023 up over 24% and now up over 15% through the first half of this year. On June 18, the S&P 500 hit a new all-time high, topping over 5,487. This is great news for investors in the stock market's most popular and important index , but the huge gains have some investors concerned about a correction heading its way. Whether the S&P 500 sees a decline in the back half of the year remains to be seen, but investors should keep a few things in mind. A handful of companies leading the charge Despite containing around 500 of the U.S.'s largest companies, the S&P 500's gains so far this year can be credited to a handful of big tech stocks leading the way. Let's look at the Vanguard S&P 500 ETF (NYSEMKT: VOO) , which mirrors the S&P 500 . Here are the exchange-traded fund's top six holdings (as of May 31): Microsoft : 6.95% of the ETF Apple Nvidia Alphabet Amazon Meta Platforms Together, these five companies make
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