![5 companies now make up 20% of the S&P 500. Here's why Goldman Sachs says that's a bad signal for future market returns. (MSFT, AAPL, AMZN, GOOGL, FB) | Markets Insider 5 companies now make up 20% of the S&P 500. Here's why Goldman Sachs says that's a bad signal for future market returns. (MSFT, AAPL, AMZN, GOOGL, FB) | Markets Insider](https://static2.businessinsider.com/image/5ea6d29138bf2305316562d3-462/market-concentration-goldman.png)
5 companies now make up 20% of the S&P 500. Here's why Goldman Sachs says that's a bad signal for future market returns. (MSFT, AAPL, AMZN, GOOGL, FB) | Markets Insider
![S&P 500 News: Amazon Leads Big Tech Stock Sell-Off, Wiping Out Broad Gains in Other Sectors | The Motley Fool S&P 500 News: Amazon Leads Big Tech Stock Sell-Off, Wiping Out Broad Gains in Other Sectors | The Motley Fool](https://media.ycharts.com/charts/12d4391b200939ad52467ce25826b5f5.png)
S&P 500 News: Amazon Leads Big Tech Stock Sell-Off, Wiping Out Broad Gains in Other Sectors | The Motley Fool
![Michael Batnick on Twitter: "The market cap of the top 5 S&P 500 companies: $4,095,058,706,432 The market cap of the bottom 282 S&P 500 companies: $4,092,769,755,136… https://t.co/0ZxIv8Tu6S" Michael Batnick on Twitter: "The market cap of the top 5 S&P 500 companies: $4,095,058,706,432 The market cap of the bottom 282 S&P 500 companies: $4,092,769,755,136… https://t.co/0ZxIv8Tu6S"](https://pbs.twimg.com/media/DiaiTLHWsAYAEEX.jpg)
Michael Batnick on Twitter: "The market cap of the top 5 S&P 500 companies: $4,095,058,706,432 The market cap of the bottom 282 S&P 500 companies: $4,092,769,755,136… https://t.co/0ZxIv8Tu6S"
![Apple, Microsoft, Amazon, Google And Facebook Make Up A Record Chunk Of The S&P 500. Here's Why That Might Be Dangerous Apple, Microsoft, Amazon, Google And Facebook Make Up A Record Chunk Of The S&P 500. Here's Why That Might Be Dangerous](https://thumbor.forbes.com/thumbor/trim/0x0:1920x1080/fit-in/711x399/smart/https://specials-images.forbesimg.com/imageserve/5f1b235cb2b01c84351bc561/0x0.jpg)