S&P 500 and Nasdaq Give Way as Small Caps Advance
Jul 19, 2024
• 6
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“We all love to win, but how many people love to train?” ― Mark Spitz, Olympic swimmer and gold medalist
Good evening,
This week illustrated the extent to which large-cap Technology stocks affect broader indices such as the S&P 500 and the Nasdaq. Tech stocks – particularly semiconductor stocks – retreated this week after negative news from both sides of the political aisle. The Biden administration discussed the possibility of tougher restrictions on the sales of chip technology to China, while former President Donald Trump cast doubts on U.S. military support for Taiwan ...