Reported about 14 hours ago
As the new year begins, less favored sectors of U.S. equities are leading the market's upward trajectory, overshadowing major technology firms stagnating due to high valuations and profit growth concerns. The 'other 493' companies in the S&P 500, excluding the top tech giants, are experiencing significant gains driven by investments in energy, materials, and industrials. This market shift occurs alongside speculation surrounding President-elect Donald Trump's policies and a new cycle of corporate earnings reports.
Source: YAHOO