This was a hot and promising sector for 2024. That’s over for now, says this strategist.

Date:

Share post:




Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Subsidized internet and online-safety measures fail to make it into FAA bill

Democrats and Republicans in the U.S. Senate floated a number of closely watched measures for inclusion in...

Ford plans to make Lucid and Waymo veteran its new CFO, as EV demand remains in flux

Ford Motor Co. is bringing aboard a veteran of the electric- and autonomous-vehicle industries who is set...

Why a less chaotic bond market could signal potential stock-buying opportunities

Volatility in the world’s largest bond market has experienced a downward trend in 2024 — a welcome...

Democratic congressman warns crypto may become winning issue for GOP after Trump voices support

Democratic Congressman Wiley Nickel’s remarks came after presumptive Republican presidential nominee Donald Trump expressed support for cryptocurrencies...

‘No return’ left for U.S. stock market in 2024, says Goldman’s David Kostin

The U.S. stock market’s climb this year probably has stalled for the rest of 2024, even as...

Elon Musk says Tesla will spend ‘well over’ $500 million on new EV chargers

Tesla’s stock was headed toward its first gain in four sessions on Friday, after electric vehicle giant’s...

The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.

The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card...

Coach, Kate Spade parent reports revenue miss amid weakness in North America

Tapestry’s stock dropped toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal...