How Does Nvidia's Reaching $4 Trillion in Market Cap Impact the S&P 500, Nasdaq-100, and Dow Jones?

Nvidia (NASDAQ: NVDA) became the first company to reach $4 trillion in market cap on Wednesday -- an incredible feat considering the company was worth a fraction of tech giants Apple and Microsoft just a few years ago.Nvidia reaching $4 trillion is a testament to investor optimism for artificial intelligence and the tech sector, and the run-up in the stock is impacting some investors even if they don't own shares outright. That's because Nvidia is a component of the S&P 500 (SNPINDEX: ^GSPC) index, the Dow Jones Industrial Average (DJINDICES: ^DJI) index, and the Nasdaq-100 index, which tracks the 100 largest nonfinancial stocks listed on the Nasdaq stock exchange.Here's why Nvidia's move has rippling effects throughout the stock market and why the major indexes are becoming even more concentrated.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool