Apple’s Market Cap Is Now as Big as the S&P 500 Energy, Utilities, and Materials Sect

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Apple’s Market Cap Is Now as Big as the S&P 500 Energy, Utilities, and Materials Sect

Apple’s Market Cap Is Now as Big as the S&P 500 Energy, Utilities, and Materials Sectors—Combined

(AAPL) now has a larger market value than the entire consumer staples sector of the S&P 500 index and is about as large as the energy, utilities, and materials sectors combined. With the recent surge in Apple’s share price, the iPhone maker has a market value of $2.3 trillion, or 7.5% of the S&P 500, which clocked in Tuesday at $29.2 trillion in total market capitalization. Apple’s shares (ticker: AAPL) were up 83% year-to-date through Tuesday, to $134.18.

https://finance.yahoo.com/m/88fa8be...3/apple’s-market-cap-is-now-as.html?.tsrc=rss
 
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