Halfway into the year, technology stocks are still climbing faster than the broader market—but it has been a bumpy ride
Shifts in trade policy and interest-rate projections pushed the S&P 500’s information-technology sector down nearly 9% in May before it rose roughly the same amount in June to cap off the second quarter
with its best month in three years. As stocks regain momentum, investors are favoring fast-growing companies—many of which are expanding operations in hot areas like cloud computing and artificial intelligence.
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