The stock market is one of the simplest ways to make money and profit in a matter of minutes. However, this is one of the riskiest ways to multiply money because one cannot predict the direction of the stock market and whether they will make a guaranteed profit or not. The stock market has evolved in every part of the world, making many individuals and companies millionaires. The stock market is thus full of facts that few people are aware of, but you will be after reading this article.
A stock market correction happens once in two years
What exactly is a stock market correction? A stock market correction is a down market of more than 10% that can reach 20%. These kinds of falls are important, but they fall just short of triggering a bear market. Market corrections used to happen every year, but they are now less common. It has occurred that there have been 13 corrections in the last three decades, with an overall duration of 92 days and a stock market value fraction of 14.8%.
Apple is the most valued corporation
You read that correctly! Apple is well-known not only for creating some of the most advanced technological gadgets but also for being one of the world’s most valuable companies. The company has a market value of $2.25 trillion and leads the market. Furthermore, as the American business world blew up following the worldwide downturn, Microsoft’s dominance was contested by two additional competitors for the title of the world’s most valuable company.
Finally, when most companies lost money during the pandemic, Apple seized the market and reached the $2 trillion worldwide stock market capital adequacy milestone. Apple was also the first US company to surpass the $1 trillion barrier.
The IT sector leads the stock market
The year 2020 has undoubtedly taken a heavy toll on the lives of businesses, individuals, and small and large corporations. However, after the huge drop induced by the global epidemic, the stock market has steadily risen in recent months.
This expansion was especially visible in November, when polls predicted a Biden win and the pledge of a COVID-19 vaccine infused a nice amount of positivity into the stock market, resulting in a mild increase in value. The data tech sector gives rise to the US stock market in market valuation with a 27.6% market share.
Healthcare on second place for market capitalization
While the world is shifting toward technological innovation and the rise of megacorporations shifts the share of capitalization toward modern digital solutions, the health care sector is not falling behind. The healthcare sector is among the most important sectors that have proven to have little market loss. Keeping its name and position, healthcare is ranked second with 13.44% of market valuation.