A rally in Big Tech stocks received most of the credit for driving global markets higher this week. But in the U.S., they couldn’t have done it without a little help from their friends.
As the S&P 500 SPX booked its best weekly advance since early January, one detail set this week apart: All 11 of the large-cap index’s sectors managed to finish in the green for the first time since November, according to Dow Jones Market Data. The S&P 500 managed to clinch its 13th record close of 2024 on Friday, even as information-technology…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here