Rotation out of Tech into small caps continues
26 Jul 2024 - Big Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.
26 Jul 2024 - Big Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.
25 Jul 2024 - Earnings results from Tesla & Alphabet after the market close on Tuesday US time triggered a selloff in both stocks in the session which dragged other mega tech names down in sympathy.
24 Jul 2024 - US markets hovered around flat as traders and investors awaited earnings numbers from Google parent Alphabet & EV giant Tesla. Both companies were due to report after the close.
23 Jul 2024 - All three major indices finished in the green with the Tech names rebounding from last week’s selloff, as the rotation into the broader market and small companies took a breather.
22 Jul 2024 - All three major US indices finished in the red on Friday as the rotation into names that will be the key beneficiaries from easing interest rate policy continued.
19 Jul 2024 - On Thursday, US stocks declined as investors continued to reduce positions in high-flying technology stocks and took profits from recent gains in other sectors.
18 Jul 2024 - The S&P 500 and Nasdaq Composite fell on Wednesday as investors shifted away from high-flying technology stocks towards more rate-sensitive sectors.
17 Jul 2024 - The rotation into industrials, financials and smaller companies pushes the Dow Jones to new highs as the rally continues to broaden into underperforming sectors.
16 Jul 2024 - Markets continued their move upwards with the Dow Jones hitting a new record following the assassination attempt on former President Donald Trump, as investors took the view that the weekend’s political events will lead to big gains for the Republican Presidential candidate and the GOP at the polls in November.
15 Jul 2024 - Markets resumed their march upwards with the Dow Jones hitting new highs in intraday trading, as investors continued to rotate into the broader market and smaller companies.