Technology shares have surged recently, leaving the rest of US equity sectors in the dust, based on a set of ETFs. Sector leadership appeared to be shifting to tech from financials at the end of last month. Nearly four weeks later, the transition is complete and there’s no doubt which sector dominates the upside momentum rankings for one-year performances.
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Daily Archives: November 24, 2017
Macro Briefing: 24 November 2017
Next week will be crucial for GOP’s tax plan: Bloomberg
Zimbabwe’s first new President in 37 years takes power: BBC
German business optimism rises to record on economic growth: Bloomberg
US Consumer Sentiment Index edges up in Nov, close to decade high: CNBC
US durable goods orders slide 1.2% in October: USA Today
Jobless claims fall in US for first time in 3 weeks: Reuters
Fed minutes reflect optimism on US growth outlook: CNBC
Is US heading into a record holiday shopping season? Fox News
FAANG and other tech stocks have surged this year: ReCode