Markets shift toward technology amid rising energy prices

Markets shift toward technology amid rising energy prices
Magnificent Seven megacap groups previously seen as out of favour are now ‘safety assets’. Investors have sought shelter from the turmoil of the war in Iran in US tech stocks in a flight away from sectors seen as vulnerable to an energy shock. Technology has been the best-performing S&P 500 sector since the conflict began, rising 1.9 per cent from... ...

Similar news