Tech Rally Powers Record Gains for Stocks

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The biggest technology companies are propelling major U.S. indexes’ record run, highlighting investor enthusiasm for the hottest stock sector as economic growth softens

Together, Microsoft Corp., Apple Inc., Amazon.com Inc. and Facebook Inc.

have accounted for 19% of the S&P 500’s total return this year, according to S&P Dow Jones Indices data through Thursday. That rate is roughly in line with the contributions made by the biggest tech stocks in 2017 and much of last year, before a fourth-quarter reversal helped...

 

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The rally in US stocks this year still being led by tech and consumer discretionary stocks. Good chart below: SoberLook wsj

Tech stocks still on a roll. The tech index now +415% since 10 years ago. Wow. NASDAQTechStocks

Investing in a company's shares when it's at the height of your performance equals you going into a party at the wrong time.

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