‘Melt-Up’ Risk Builds as Narrow Tech Rally Propels Stock Market
Technology megacaps are pushing benchmark indexes to new records while the rest of the market is lagging behind. Traders can be forgiven for feeling like they’ve seen this movie before.
By Alexandra Semenova · Bloomberg Markets
Technology megacaps are pushing benchmark indexes to new records while the rest of the market is lagging behind. Traders can be forgiven for feeling like they’ve seen this movie before.