Making Financial Headlines · Page 10
Big Tech Loses the Lead and Discovers the Rest of the Market Has a Bench
· New York time
The AI trade carried the U.S. stock market in September, but other parts of the market have moved ahead of Big Tech in October, MarketWatch reports. The shift changes the picture for investors accustomed to watching a small group of technology companies lead the way. A broader market contains many sectors, even when the daily conversation treats the largest tech names as the entire cast. For once, the supporting players have found their lines, and the former lead must watch the performance from the side of the stage.
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