Even though many economic indicators are falling the stock market continues to rise and reach record highs. The top 10 stocks in the S&P 500 are up 37%, while the other 490 companies are down 7.7%. The big giants are critical for the performance of the S&P 500. With many companies operating overseas, their success also isn't directly tied to the American economy. The FAANG (Facebook, Amazon, Apple, Netflix, Google) are generating about half of their revenue overseas.
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