After two consecutive weeks as the strongest sector in the S&P 500, tech’s reign came to an end.
And not only did technology stocks not lead the pack… they actually finished the week in last place as the weakest of all sectors, down 4.2%. It was quite a 180!
One week doesn’t make a trend, and it would be a mistake to read too deeply into it. But the whispers on Wall Street are telling.
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