A resilient U.S. economy is giving investors increased confidence to move beyond the "Magnificent Seven" tech stocks and into corners of the market that had lagged. This broadening trend has helped lift non-tech stocks and represents a positive development for the market over the long run. Over the past month, a notable shift in performance has occurred among the 11 sectors of the S & P 500 .
A resilient U.S. economy is giving investors increased confidence to move beyond the "Magnificent Seven" tech stocks and into corners of the market that had lagged. This broadening trend has helped lift non-tech stocks and represents a positive development for the market over the long run.
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The Magnificent 7’s Earnings May Not Grow as Fast as You ThinkExpectations for strong profit growth from the tech leaders are part of the reason the S&P 500 is trading near record levels.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »