Stocks markets are wrapping up a surprisingly strong start to the year, but whether it will continue is an open question as investors wade into a seasonally weak period for markets.
Even the laggard Dow Jones Industrial Average, with few tech stocks, managed to eke out a 3.6% gain.
Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla account for 80% of the gains in the S & P 500, according to UBS.
The S & P 500 health sector is down almost 3% this year.
Next week marks the start of July and the third quarter of 2023.
Persons:
didn't, Jamie Cox, Cox, John Lynch, Harris Financial's Cox, that's, Comerica's Lynch, Kim Forrest, Nonfarm payrolls
Organizations:
Spring, Federal Reserve, Dow Jones, Harris Financial, Apple, Meta, Microsoft, Nvidia, UBS, Comerica Wealth Management, Nasdaq, Investors, Bokeh Capital Partners, Independence, P Global, PMI, Tuesday U.S