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Nov 08 2025

Other Market Undercurrents

  • Nov 8, 2025

An 8.5% gain, modest by Nvidia standards, propelled that firm to a congruent 8.5% weight in the S&P 500—a new record. The semiconductor firm also achieved the stock market’s first $5 trillion valuation last month. That’s a little larger than the annual economic output of Germany—or the combined output of Central and South America.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

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