Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019.
Andrew Harrer | Bloomberg | Getty Images
The S&P 500 tops 3,000. What a difference five years makes.
The S&P has moved 50% in less than five years, from 2,000 on August 26, 2014, to 3,000 on an intraday basis as of Wednesday. But the market today is radically different from 2014. Investors have played favorites in a big way.
S&P: FANG the big winners
- Amazon up 488%
- Netflix up 455%
- Microsoft up 205%
- Facebook up 164%
- Apple up 100%
Semis were also dominant, with big gains…