Majority of S&P 500 Tech Stocks Down Over 20% from All-Time Highs
Approximately 70% of technology stocks in the S&P 500 are down more than 20% from their all-time highs, with tech representing a dominant 37% weighting in the index. This decline raises concerns about potential drag on broader market performance due to the sector's outsized influence.
Tickers: $SPGI
Topics: bear market S&P 500 stock performance technology sector