“Cost cutting, a resilient US economy, and enthusiasm about generative artificial intelligence have largely driven Big Tech’s rally this year,” Rabe wrote. Meanwhile, the group of seven megastocks in the S&P 500 could still push the index higher from here, although they appear richly valued, according to the DataTrek note. “Unless Friday’s report is much weaker than expected, the Fed will not likely change its plans to increase rates during the next regularly scheduled meeting later this month,” said Roach. government is slated to release its employment report for June on Friday at 8:30 a.m. “ADP reported strong gains in June although the ADP metric is not always a reliable indicator for month-to-month changes within the official labor report,” cautioned Jeffrey Roach, chief economist for LPL Financial, in emailed commentary Thursday. The S&P 500įell 0.8%, while the Dow Jones Industrial Average stock market traded lower as Treasury yields jumped after a report from payroll-services company ADP showed the private sector added far more jobs in June than economists expected. Shares of the ETF rose 5.9% during the first half of the year. Which tracks an equal-weighted index of S&P 500 companies, has seen inflows of around $4.5 billion over the past month, according to FactSet data as of July 5. Meanwhile, the Invesco S&P 500 Equal Weight ETF stock market ‘pretty frothy’ after S&P 500’s strongest first half since 2019. That’s after tumbling last year to the greatest degree since the financial crisis of 2008, as the Federal Reserve’s interest-rate hikes in 2022 broadly pummeled stocks and bonds as the central bank sought to cool the economy in an effort to bring down inflation. The S&P 500’s most heavily weighted stock, Apple, has jumped almost 48% so far this year through Thursday, for a market value of around $3 trillion.ĭuring the first six months of 2023, the S&P 500 rose 15.9% for its strongest first half of any year since 2019, according to Dow Jones Market Data. Shares of chip company Nvidia have skyrocketed around 188% this year through Thursday, while Meta soared almost 143% over the same period and Tesla has surged about 125%, FactSet data show. The tech sector has a 28.2% weight, she said. "asymptotic to, U+2248" means, more precisely, " almost equal to" often, if the approximation is broader\less precise, ~ is preferred.These seven names make up more than a quarter of the capitalization-weighted S&P 500 index, “meaning that together they influence index returns more than any other sector save information technology,” DataTrek Research co-founder Jessica Rabe said in a note emailed Thursday. If text can be entered as HTML, you can also use the following notations: However, in some programming languages, ' ~' is symbolic of NOT (Bitwise), and ' ~=' is therefore somtimes used as a variation of ' !=', which means NOT EQUAL TO.īecause of this potential source of confusion, "=~" is proposed instead. " ~=" is a logical possible expansion of, which many people interpret as "approximatley equals" (rather than as the useage of 'congrunet' in geometry).įurthermore, " ~=" could be read as "approximately equals". "=~" is an easy to use and easy to remember alternative. Note: In HTML 4 "~" is defined as "varies with" or "similar to".) the ~ symbol is too often to indicate some other meaning (e.g.≅ and ≈ are symbols that are not universally rendered correctly in web browsers (in fact, you may be seeing boxes instead of symbols right now) and are not commonly parsed correctly in web tools like commenting and forums.≅ and ≈ are symbols that are not easy for people to enter in email, forums, etc.The preferred way of symbolizing "approximately equal to" is to use the ≈ symbol, the ~ symbol, or (in some cases) the ≅ symbol (see note 2).
#Equal symbol how to#
"7^2 = 50 (that should be an "is approximately equal to" symbol, but I'm too lazy to figure out how to get one of them)." * email, comment forms, forums, message boards, et cetera Rationale "One gigabyte equals approximately one billion bytes." "One gigabyte is approximately equal to one billion bytes." equals eight million, three hundred eighty-eight thousand, six hundred and eight bits, (which) equals approximately one million bytes." is equal to eight million, three hundred eighty-eight thousand, six hundred and eight bits, (which) is approximately equal to one million bytes." This text can be read aloud as " equals approximately" or " is approximately equal to".
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