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Rob Isbitts

Just 23 Stocks Are Behind the S&P 500’s 10% Gain in 2026

United States Rob Isbitts Torsten Slok Stock Market

The S&P 500 ETF (SPY) closed 2025 at a dollar price of $682 per share. Last Friday, it closed at $747, up $65 and just shy of a 10% gain. That sounds like a great half-year for the stock market. It’s too bad that the entire gain came from less than 5% of the stocks.

Screenshot courtesy of Rob Isbitts

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