[Technology Companies Are Reshaping the Global Investment Landscape, IT Sector Accounts for Approximately 38% of MSCI USA Index] BlockBeats News, June 21, technology companies are reshaping the global investment landscape. The Information Technology (IT) sector currently accounts for approximately 38% of the MSCI USA Index, which tracks large- and mid-cap stocks in the U.S. equity market, covering about 85% of the total market capitalization of U.S. stocks. This proportion has risen significantly by 15 percentage points over the past four years. The IT sector also accounts for approximately 44% of the MSCI Emerging Markets (EM) Index, which covers large- and mid-cap stocks in 24 emerging market countries, representing about 85% of each country's stock market capitalization. Since 2022, the contribution of technology to this index has more than doubled. During the same period, the IT sector's share in U.S. investment-grade bond issuances has grown more than threefold, reaching a record high of approximately 20%. The current market situation is clear: technology is everything.