U.S. technology and tech-related stocks reach a record 60% share of total market capitalization, surpassing the dot-com era peak.
Technology and tech-related stocks now represent nearly 60% of the total U.S. market capitalization, according to recent data. This marks a historic high, exceeding the previous peak observed during the dot-com bubble of the late 1990s.
The current concentration far surpasses levels seen in most prior market cycles, reflecting the sector’s growing dominance. During the dot-com era, tech stocks briefly reached around 35% of total market cap before a sharp correction.
The shift underscores the increasing influence of major tech firms on broader market performance and investor portfolios.