The rally for technology shares that has led a rebound for equity markets this year may be running out of steam, say JPMorgan strategists.
“We have argued last October that one should be buying back Tech sector, following a year of sharp underperformance, and given our view that U.S. long yields have likely peaked at that point. The question is will Tech keep driving the market higher,” said a team led by the head of global and European equity strategy at JP Morgan, Mislav Matejka.
Read: Technology stocks like Microsoft and Apple are outperforming the S&P 500 by the widest margin in years
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: