Just a Few Stocks Driving S&P 500 Rally Triggers Dot-Com Bubble Flashbacks
The US stock market’s rally to new highs has been propelled by so few stocks that it’s reminding some on Wall Street of the runup to the dot-com bubble.
By Geoffrey Morgan · Bloomberg Markets
The US stock market’s rally to new highs has been propelled by so few stocks that it’s reminding some on Wall Street of the runup to the dot-com bubble.