'Los siete magníficos' se quedan sin potencial en Wall Street tras subir un 55% de media en 2024 https://t.co/WqftiUEQ6b
Without the “Magnificent 7”, the S&P 500 would have only gained 4.1% in 2023 and 6.3% in 2024 on a price return basis. https://t.co/0MT8eFVX9Q
Without the “Magnificent 7”, the S&P 500 would have only gained 4.1% in 2023 and 6.3% in 2024 on a price return basis. The index’s actual price returns were 24.2% and 23.3%, respectively.

The Magnificent Seven, a group of prominent technology stocks, ended 2024 with a combined market capitalization of $17.6 trillion, a substantial increase from $11.8 trillion at the beginning of the year. Analysts suggest that the performance of these stocks will become more aligned with the broader market, indicating a shift from their previous status as standout performers. Citi strategist Drew Pettit noted that the year ahead will focus on differentiation among these stocks, while Roundhill Investments CEO Dave Mazza emphasized their continued role as market leaders. The S&P 500's performance has been heavily influenced by the Magnificent Seven; without them, the index would have recorded only 4.1% and 6.3% gains in 2023 and 2024, respectively, compared to actual returns of 24.2% and 23.3%. In 2024, the group experienced an average increase of 55%, raising questions about their future potential on Wall Street.