Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Tech Sector Contributed All Of The Stock Market Gains So Far In 2018: FAANGs

FYI: Much like last year, the equity markets’ story of 2018 was, and still is, the one of FAANGs — high-flying large technology companies.

While the broader markets still have not regained their January highs, finishing the first half of the year with low single-digit returns, glamourous technology stocks soared.

In fact, if it weren’t for technology and some consumer discretionary stocks, the market would be in negative territo
Regards,
Ted
https://www.marketwatch.com/story/tech-sector-contributed-all-of-the-stock-market-gains-so-far-in-2018-2018-07-02/print
Sign In or Register to comment.