S&P 500's breakout May was largely a result of Mag 7 gains
The S&P 500 (^GSPC) clocked its best month of trading in May since 1990, and the majority of the Magnificent Seven — comprised of tech stocks Meta Platforms (META), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) — may be deserving of some of the credit. Yahoo Finance host Julie Hyman recaps the Mag 7 stock gains and how it contributed to the S&P 500's breakout May. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.