It was another great week for the average stock as market leadership shifts away from tech
Summary
Market leadership has begun rotating away from the technology sector as typical shares experienced another positive period. The S&P 500 technology group suffered its steepest weekly drop in eighteen months. In contrast, an equally weighted version of the index achieved its second consecutive week of gains.
The S&P 500’s tech sector just had its worst week in a year and a half, while an equal-weighted version of the index cemented a second-straight weekly advance.
Source: Read the full story at MarketWatch.com - Top Stories
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.