Apollo’s Torsten Slok: S&P 500 could see top 10 reach 50% weighting

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S&P Market Index Concept with Financial Graphs

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Rising concentration among mega-cap companies is reshaping the composition of the S&P 500 (SP500), according to analysis from Torsten Slok of Apollo Global Management.

Slok noted that the index’s 10 largest companies already account for nearly 40% of its total weighting, highlighting

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