The overall index has been pretty well flat. What sectors gained?
And surely there aren't 140 "software and services" companies in the top 500 by market cap?
Data centers and AI.
The current US economy is flat except for AI and data centers.[1]
[1] https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-...
I’m also pretty sure S&P doesn’t maintain a ‘S&P 500 Software & Services Index‘.
There is a ‘S&P Software & Services Select Industry Index’ with 140 constituents. That’s probably the index in question.
That's what I was trying to establish.
Either that, or there really are 140/503 software and service companies, and I learned something surprising.
The overall index has been pretty well flat. What sectors gained?
And surely there aren't 140 "software and services" companies in the top 500 by market cap?