By Molly Cook Escobar
The U.S. stock market has far outpaced other global markets since the financial crisis of 2008-09. The S&P 500, the leading benchmark for large U.S. stocks, has exceeded the growth of the second-strongest market by more than 200 percentage points.
This outperformance is due largely to the strong performance of tech stocks, whose market value had grown to represent for 47% of the index's total capitalization in 2024.
The upshot of the outperformance: The U.S. market is now four times bigger than the next largest market, up from two times bigger in 2008.
Write to Molly Cook Escobar at molly.cookescobar@barrons.com
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(END) Dow Jones Newswires
January 12, 2025 03:30 ET (08:30 GMT)
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