Stock-market sectors generally don’t move in strict synchronization. Some will lead as others lag behind, and a key question for investors is which sector is poised to move up fastest next.
In the bull market that started in late March, the technology sector initially led the way, with companies such as Amazon.com climbing faster than the rest of the market. Technology Select Sector SPDR , an exchange-traded fund that tracks an index of technology stocks, surged 73% from March 20 through Aug. 31, while the S&P 500...
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