S&P 500 · WMTMT

Oct 4, 2024Apr 8, 2025Oct 9, 2025Apr 10, 2026Oct 9, 2026

Breadth

325 / 503

stocks rose with the index

Concentration

32%

of the gain from NVDA, AAPL, MU

Biggest driver

NVDA +334

NVIDIA CORP, +83.82%

Biggest drag

UNH −22

UNITEDHEALTH GROUP INC, −33.11%

What drove it

503 members · drivers first · 2Y · residual 474.2bp exceeds 60bp gate

The S&P 500 rose 35.83% (+2,060 pts) over two years on a mixed tape; NVDA, AAPL, MU did most of the lifting, with 32% of the gain between them.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+2,429.2 pts from 304 gainers−387.3 pts from 199 losers

net +2,060.5 pts · gainers outweigh losers 6.3 to 1

Stock

Points

Return

S&P 500sum of all 503 stocks

+2,060.5

+35.83%

NVDANVIDIA CORP

+333.7

+83.82%

AAPLAPPLE INC

+204.7

+49.53%

MUMICRON TECHNOLOGY INC

+122.1

+912.63%

GOOGLALPHABET INC CL A

+119.4

+111.85%

AVGOBROADCOM INC

+98.4

+107.83%

MSFTMICROSOFT CORP

+97.3

+30.39%

GOOGALPHABET INC CL C

+94.6

+107.69%

AMZNAMAZON.COM INC

+93.1

+40.71%

AMDADVANCED MICRO DEVICES

+92.3

+255.82%

PLTRPALANTIR TECHNOLOGIES INC A

+47.8

+422.49%

TSLATESLA INC

+42.7

+53.03%

INTCINTEL CORP

+36.6

+363.48%

LRCXLAM RESEARCH CORP

+33.2

+296.47%

JNJJOHNSON + JOHNSON

+32.4

+71.31%

JPMJPMORGAN CHASE + CO

+30.5

+62.60%

473 othersclick to expand the full index

+737.5

ISRGINTUITIVE SURGICAL INC

−5.8

−12.03%

LOWLOWE S COS INC

−6.0

−28.18%

CMCSACOMCAST CORP CLASS A

−6.0

−39.04%

BSXBOSTON SCIENTIFIC CORP

−6.7

−49.44%

NKENIKE INC CL B

−7.1

−55.91%

FISVFISERV INC

−9.3

−75.39%

CRMSALESFORCE INC

−10.7

−19.33%

NOWSERVICENOW INC

−11.1

−23.26%

ACNACCENTURE PLC CL A

−11.6

−39.99%

INTUINTUIT INC

−13.1

−49.75%

ADBEADOBE INC

−14.6

−52.24%

HDHOME DEPOT INC

−14.7

−25.56%

ORCLORACLE CORP

−15.2

−15.13%

LLYELI LILLY + CO

−21.0

+34.53%

UNHUNITEDHEALTH GROUP INC

−21.8

−33.11%

Cap weighting, illustrated

AMAZON.COM INC and C.H. ROBINSON WORLDWIDE INC moved almost identically (+40.71% vs +37.97%), yet AMZN moved the S&P 500 1,433.5× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the +2,060 pt move · cell size = points contributed · color = direction, intensity = return

NVDA+333.7 pts(+83.8%)

AAPL+204.7 pts(+49.5%)

MU+122.1 pts(+912.6%)

GOOGL+119.4 pts(+111.8%)

AVGO+98.4 pts

MSFT+97.3 pts(+30.4%)

GOOG+94.6 pts

AMZN+93.1 pts

AMD+92.3 pts(+255.8%)

PLTR+47.8 pts(+422.5%)

TSLA+42.7 pts

383 more+39.5 pts

INTC

LRCX+33.2 pts

JNJ+32.4 pts

JPM

CSCO

SNDK+26.2 pts

ABBV

META+20.9 pts

PM+20.4 pts

CAT

CRWD

MRVL

PANW

DELL

CVX

ADBE

WDC

MRK

WMT

NOW

GILD

CRM

GLW

XOM

MPC

Concentration curve

cumulative share of the +2,060 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−100%+100%+300%+500%+700%+900%+1,100%+1,300%+1,500%+1,700%+1,900%+2,100%+2,300%+2,500%+2,700%+2,900%+3,100%

From −75.39% (FISV) to +3,154.77% (SNDK). Equal-weight, the S&P 500 would be +31.87% vs the actual +35.83%; the gap is what cap weighting did.

By sector

point contribution · sums to +2,060 pts

-503

+2,041.9

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUGSEPOCT

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