Big Tech—not the Fed—is driving the stock-market rally. Here’s what investors need to know.

June 16, 2024

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Big tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that the stock market could shrug off concerns about the interest-rate outlook to sustain its upward momentum.

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Big Tech—not the Fed—is driving the stock-market rally. Here’s what investors need to know.

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