Fidelity Just Warned 500-Stock Fund Owners. 35% to 40% of Your S&P 500 Moves Come From 7 Mega-Cap Stocks

I've been holding NVIDIA for over 15 years and Apple since 2012, so when financial advisor Wes Moss told a caller on The Clark Howard Podcast on June 2, 2026 that the S&P 500 is not what most people think it is, I paid attention. A listener named Tony from Utah had received a letter... Fidelity Just Warned 500-Stock Fund Owners. 35% to 40% of Your S&P 500 Moves Come From 7 Mega-Cap Stocks