This is the reason why US markets are rising in light of their shrinking economy
Many observers in the international markets are perplexed by the continued rise of the US markets in light of the downturn in the US economy, but with a simple look at the stocks of companies that are included in the main US market indices such as the SP500, the exclamation will disappear quickly and simply!
More than half of the components of the SP500 index contain stocks of companies in the information and communication technology, health care and consumer goods sectors, which are sectors that contain companies that benefited from the Corona crisis, and at the same time they were the most recoverable stocks after the recent market decline, and some of them achieved new high prices. The main list includes large companies such as Microsoft, Apple, Amazon, Facebook and Alphabet, and only these companies represent a weight that exceeds 20% of the index entirely. (Details below in the attached charts)
Charts of the stock prices of the main companies in the index with the largest weight