State of Play. 25 January 2024

The Magnificent Seven

The S&P 500, a market index that tracks the performance of 500 of the largest companies listed on stock exchanges in the United States, hit new highs this week. This was mainly driven by seven stocks, dubbed the Magnificent Seven: Alphabet (Google), Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. What are the reasons behind this and will it continue?

The Commercial Team at Santander Asset Management shares their thoughts in this week’s State of Play. 

SAM UK – State of Play -  25 January 2024