Overview
- Just 20 of the S&P 500 members joined the index at a record close on Friday.
- Bank of America points out just 20 stocks hit new highs at the very top of the internet bubble in March 2000.
- The firm’s investment strategist, Michael Hartnett, gave investors a post-bubble road map with a market top nearing.
Source: https://www.cnbc.com/2026/06/01/the-stock-market-just-did-something-eerily-similar-to-the-dotcom-bubble-top-in-2000.html