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S&P 500 Stocks Soar in 2021

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 6 January 2022.

Published on January 6, 2022, the S&P 500, a stock market index tracking the performance of 500 large US companies, recorded a remarkable 28.79% growth in 2021. This significant increase more than doubled the index's value since New Year's 2018 and resulted in a three-year total return exceeding 90%, according to data from Bloomberg.

S&P 500 Constituents

Some of the major global companies in the index include tech giants like Microsoft, Apple, Amazon, Tesla, Alphabet Class A & Class C, Meta (formerly Facebook), NVIDIA Corporation, and Berkshire Hathaway Class B, as well as financial institutions like JPMorgan Chase, Home Depot, and Johnson & Johnson.

These companies have been driving the growth of the S&P 500, with some of the top performers in 2021 including Microsoft, Apple, and Tesla. The remarkable growth of these companies has made them attractive investment opportunities for investors worldwide.

Investors in Kenya can now easily invest in US stocks and ETFs through the Hisa App, which offers a convenient and affordable way to invest in the US stock market, starting from as little as $5.

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