The AI boom in the U.S. stock market technology sector has boosted the $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ this year.To put things into perspective: 10 stocks have contributed 90% of $S&P 500(.SPX)$ 's 13.0% gain this year, the most concentrated market ever, Bernstein says. The stocks are $Apple(AAPL)$ (up 41.45%), $Microsoft(MSFT)$ (+38.37%), $NVIDIA Corp(NVDA)$ (+170.17%), $Alphabet(GOOG)$ (+40.14%), $Amazon.com(AMZN)$ (+50.68%),
Is the Stock Market Open or Closed on Independence Day?
Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i