The mega-cap rally took another hit Monday.
The five largest S&P 500 stocks — Apple, Amazon, Microsoft and Google parent Alphabet — were all lower and Facebook was up slightly to begin the week. This comes after the group lost a combined $269 billion in market value last Thursday. Most ended Friday higher, save for Amazon.
Nancy Tengler, chief investment officer at Laffer Tengler Investments, sees winners and losers in the group.