Since stocks sold off on Aug. 5, the S&P 500 is up almost 7% while the Nasdaq Composite is up more than 8%. A look under the hood shows that once again, Big Tech is leading the charge higher. The Information Technology ( XLK) sector is up almost 12%. Nvidia ( NVDA ), the spark plug of the AI-infused bull market, is also up more than 21%.
stocks – BingNews