The S&P 500 Is Doing Something Not Seen in 60 Years. History Says Investors Should Make This 1 Move Right Now.
Tech stocks have been lucrative, but they're creating a rare risk for the market.
Overview
The last few years have been lucrative for the stock market. Major indexes like the S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) have reached multiple record highs and recently closed out their strongest quarter in years.
Much of this recent growth is thanks to the tech industry, as AI has ushered in a new wave of excitement among investors. Micron Technology alone has earned total returns of more than 650% over the last 12 months, and tech giants like Amazon and Microsoft have spent hundreds of billions of dollars building out data centers.
Details
However, all this growth has also posed a serious risk. The S&P 500 is more concentrated than it's been in decades, and history suggests investors should exercise caution when choosing where to invest.
Source
Originally published at www.fool.com.