Even after recent declines, FAANG stocks still account for 10%+ of the S&P 500 weighting, so subpar performance in coming years will be a big drag on the market (Kit Rees/Bloomberg)

Kit Rees / Bloomberg:

Even after recent declines, FAANG stocks still account for 10%+ of the S&P 500 weighting, so subpar performance in coming years will be a big drag on the market  —  For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era …

#declines #FAANG #stocks #account #SampP #weighting #subpar #performance #coming #years #big #drag #market #Kit #ReesBloomberg