The Other 496 S&P Stocks – Wall Street Journal (subscription)

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When one third of the S&P 500’s gain comes from four stocks, there aren’t many ways to beat the market without them.

A good year for the stock market would be a lot less exciting if it hadn’t been for the shares of, Apple, Google parent Alphabet and Facebook. The combined market value of the four companies has increased by more than $500 billion since the start of the year, making them a major force behind the S&P…