Wall Street week ahead: Rally in US big tech stocks may be getting stretched

Quick Summary:

International Business News: A blistering rally in US big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year.

Even if a pullback does occur, there are few signs investors would leave tech and growth stocks for long.

The Relative Strength Indicator of the Mag6 Index, which measures the speed and magnitude of price changes in the stock market's six biggest stocks, is at the highest it has ever been, he said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets: IndiaCongoFranceNetherlandsUkraine

Topics: Market participants Cyclical stocks Market segments Value stocks Nvidia Corp Small cap stocks Tech stocks Tech Big tech Market rally

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 12:33:39 (5 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 986 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21334310

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions