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Mag 7 driving market rally: A look back on rotation trends

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Equity markets (^DJI, ^IXIC, ^GSPC) are rebounding after a challenging start to August. Yahoo Finance markets and data reporter Jared Blikre delves into the ...

delves into the details, offering insights into the factors driving market gains — including rallies in Magnificent Seven tech stocks and gains in small-cap stocks — while also discussing the narrative around market rotation trends.An eight day rally for the S and P 500 lifting all sectors while the equal weighted S and P 500 hit a new high for the year on Monday.

So here, the S and P 500 since August 5th has outperformed, it's up 8% the smaller ones, uh five up 5%. I just want to show you the magnificent seven contributions to this latest rally $1.7 trillion since August 5th and the S and P 500 is up about 3.2 trillion in that same time period.But also look at Apple rolling back Microsoft each of those up about what, 2 51 96 billion and uh goes on down the line Tesla and alphabet even in the mix there.But uh I say, I would say suffice to say it's still really about these mega caps.

Less Than 5% of Gen Z Completely Trust AI-Driven Banking, Compared to 21% of Millennials PHILADELPHIA, Aug. 20, 2024 -- LevLane Advertising, one of Philadelphia's largest independent full-service advertising agencies, today announced the results of its "2024 Future of Banking Survey." The survey is the second of two national surveys that explore generational perspectives and expectations about the future of banking. The survey of 500 U.S.

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