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Tech's Stock Market Takeover Reaches New Heights
By Paul Vigna
S&P 500 rallies, closes just shy of its record closing high
By Fred Omar Imbert & Maggie Fitzgerald
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
Comm Serv soared today and is now back in first place YTD (still trailing Energy by 0.1% MTD); Tech did well today, too, but is still down by nearly 4% MTD … NASDAQ’s 2% gain today bumped it to third place YTD; small caps did well but didn’t outpace large caps (and they continue… pic.twitter.com/HAiuVWX0FF
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Liz Ann Sonders
LizAnnSonders
As of the first quarter this year, ratio of S&P 500’s market cap to nominal GDP spiked to highest since end of 2021 pic.twitter.com/ieovbg0NgG
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Ryan Detrick, CMT
RyanDetrick
Since 2000, the second half of April tends to be much better than the first half for the S&P 500.
A few more days next week, but stocks are trying to rhyme here. pic.twitter.com/OKolkrCsPy
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Carl Quintanilla
carlquintanilla
This is the best week for the S&P 500 and Nasdaq since November 3rd.
@CNBC @peterschack #SchackAlert 🔥 pic.twitter.com/hlVd6FF8DX
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