<ul>
<li>Total US equity market capitalization of the broad market Russell 3000 Index up 20% to $53 trillion as of April 30th rank day.</li>
<li>Market cap breakpoint separating small caps (Russell 2000<span> </span>Index) and large caps (Russell 1000 Index) increased 9.5% to $4.6 billion.</li>
<li>Microsoft retakes the top spot from Apple, which had been the largest company from 2021-2023.</li>
<li>“Magnificent Seven” companies increased their total market capitalization 43.5% from $9.2 trillion to $13.2 trillion, and all seven companies remain 100% Growth.</li>
<li>Technology, Consumer Discretionary and Energy industries lead companies moving up to the Russell 1000 Index, while Health Care companies replenish the Russell 2000 Index, including seven of the 11 Russell 2000 initial public offering (IPO) additions.</li>
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