U.S. stocks continued to display signs of divergence between the tech sector and the rest of the market on Friday, a trend that had already surfaced during Thursday’s session.
Following a substantial sell-off in tech stocks yesterday, the Nasdaq remained relatively flat in midday trading, while the Dow saw a 0.2% increase, poised to conclude its 10th consecutive session of gains. This positive streak marks the first such occurrence since February 2017.
