Market Slightly Up For The Week, Gains Supported By Strength in Large-Cap Tech

Key Takeaways

The S&P 500 closed at 4,697.96 which was up from last week’s close of 4,682.86.Big tech stocks such as Apple and Nvidia have been holding the indexes as high levels despite some weakness in more beta-sensitive parts of the market.Earnings have come in very good this season and continue to show underlying strength in the economy. Q3 Net Profit margins were 12.9% vs. 10.5% in Q4 of 2019.The Russell 2000 has shown strength recently and hit an ATH this month. Analysts are ant...

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