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Investors’ Hunger For Growth Pushes Tech Stocks To Record: (XLK)
FYI: A group of the largest technology companies just hit an all-time high, highlighting investors’ renewed faith in software and chip companies after a fourth-quarter rout.
The S&P 500 information-technology sector posted its first record close since early October on Monday, climbing for the seventh time in the past eight sessions. The group of 68 tech stocks notched a fresh closing record slightly faster than its broader brethren: The S&P 500 is 1.2% below its last record, while the tech-laden Nasdaq Composite is 1.9% off its last peak. Regards, Ted https://www.wsj.com/articles/investors-hunger-for-growth-pushes-tech-stocks-to-record-11554811201
