The market will shift back to tech and growth. It has severely overestimated the effects of inflation and underpriced nasdaq stocks, especislly growth for far too long. Companies like apple have reported incredible earnings but been hard capped in the 120-130 range for too long. This will change soon.
Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P
June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d
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