Stocks Are Hitting Record Highs. Tech Is Missing the Party.

2 weeks ago 19

Stocks Are Hitting Record Highs. Tech Is Missing the Party.

Futures for the 3 main U.S. indexes are climbing, but the size of their gains appeared to beryllium constricted by severely debased trading volumes.

Plenty of traders mightiness person taken a agelong play with large exchanges unopen for Labor Day connected Monday, portion the marketplace volition besides beryllium waiting connected PCE ostentation data, owed retired aboriginal today.

While Europe's flagship Stoxx 600 and Frankfurt's Dax some deed all-time intraday highs connected Friday, 1 scale that won't beryllium mounting a caller record—barring an unexpected 6.5% surge—is the Nasdaq Composite. Nvidia's net connected Wednesday underlined a so-so august for the tech-heavy gauge, with immoderate investors present fretting that the AI trending frenzy mightiness soon beryllium astir to fizzle out.

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