US stocks "top-heavy" means market under pressure? Investment banks: Not necessarily!
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Zhitong App has learned that Royal Bank of Canada Capital Markets said on Wednesday that the concentration of the top 10 companies with the largest market capitalization in the S&P 500 index continues to reach new highs. However, the company does not believe that this provides a clear signal for the future. Royal Bank of Canada Capital Markets explained that "the concentration is related to past periods of market pressure, but the signal is not clear."
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