The remarkable surge in U.S. technology stocks has pushed the sector's influence over the broader market to unprecedented levels, raising concerns among investors about the risks of excessive concentration, according to a Reuters analysis.
Driven largely by enthusiasm surrounding artificial intelligence, technology stocks have delivered exceptional gains over the past two months, helping propel major U.S. equity benchmarks to fresh highs. As a result, the technology sector now accounts for more than 39% of the total market capitalization of the S&P 500, surpassing even the levels seen during the dot-com boom in 2000.
