CHART OF THE DAY: The S&P 500's top 7 stocks have soared more than 50% in 2023, while everything else is 'basically flat'

• The S&P 500's top seven stocks have gained more than 50% this year, Apollo's Torsten Sløk wrote.
• But the rest of the benchmark index's stocks have collectively risen about 5%.
• "If you buy the S&P 500 today, you are basically buying a handful of companies that make up 34% of the index."

Our Chart of the Day comes from Apollo Global Management and demonstrates the widening performance gap between the S&P 500's top seven stocks and all its other listed equities.