http://quicktake.morningstar.com/index/Holdings.aspx?Country=USA&Symbol=SPXThe weakness of the stock market not only affects big investors. It also affects retirement funds, college savings accounts, pension funds and finances of your local and state government (who may need to put more money into their pension funds).
Many of the largest corporations in the US have seen a 20 to 30% reduction in their stock price in just the last 7 months. Some major companies are down 50% in that time, such as Wachovia Bank. One of the few exceptions is Walmart.
Top 25 Holdings YTD Return %
ExxonMobil Corporation* -17.5
General Electric Company* -22.4
Microsoft Corporation* -28.4
Procter & Gamble Company* -8.8
Johnson & Johnson* 4.83
AT&T, Inc.* -25.0
International Business Machines Corp* 18.9
Chevron Corporation* -10.0
Bank of America Corporation* -17.9
J.P. Morgan Chase & Co.* -5.4
Apple, Inc.* -22.6
Wal-Mart Stores, Inc.* 24.0
Cisco Systems, Inc.* -18.7
Intel Corporation* -14.4
Pfizer Inc.* -13.9
ConocoPhillips* -7.8
Hewlett-Packard Company* -12.6
Google, Inc.* -33.0
PepsiCo, Inc.* -9.8
Coca-Cola Company* -11.0
Citigroup, Inc.* -33.4
Wells Fargo Company* 2.0
Verizon Communications Inc.* -19.5