Tech stocks lead Nasdaq, S&P 500 rebound: A break down

), are seeing major gains. Why are tech stocks seeing this rebound and is it time to buy back into the sector?joins Morning Brief to break down tech's reversal from last week's sell-off and how the sector is leading the market rally on Friday morning.Let's bring in our markets reporter Josh Schafer has been closely tracking this and Josh, we are certainly seeing a lot of investors digging in and buying some of those names that have been beaten down.

And then what happened was you saw at that point, the NASDAQ and correction territory down 10% and all of a sudden everyone says the risk reward looks a little bit better now after this big sell off, maybe it's a time to get back into tech stocks and Sean. But still though, after this massive climb, is there now a reason to sell or are they finding reason to hold on to these names because the narrative has sort of shifted in the market just in terms of what we could be expecting with the Fed and rec cuts and how exactly that's all gonna play out.The easy buying is definitely over, right.

Yeah, I I think the broader question will continue to be, you're gonna hear this 493 is mag seven conversation.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news today: Tech roars back as S&P 500, Nasdaq surge ahead of earningsInvestors are surveying a changed political landscape after Biden called off his re-election bid, assessing what it could mean for the Trump trade.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Tech roars back as S&P 500, Nasdaq surgeInvestors are surveying a changed political landscape after Biden called off his re-election bid, assessing what it could mean for the Trump trade.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500, Nasdaq post sharpest weekly losses since April amid tech routStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Megacaps lift Nasdaq, S&P 500 ahead of Big Tech earnings, Fed verdictThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Stock market today: S&P 500, Nasdaq jump higher as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »