Tech Looking For Back-To-Back 10%+ Monthly Gains
The S&P 500 Technology sector has shown significant gains, increasing over 17% in April and currently up 12% with one trading day left in May. Investors are looking for continued strong performance, aiming for back-to-back monthly gains of over 10%. This trend reflects a robust recovery in the tech market following previous downturns.
- ▪The S&P 500 Technology sector gained more than 17% in April.
- ▪As of the end of May, the sector is currently up 12%.
- ▪Investors are optimistic about achieving back-to-back monthly gains of over 10%.
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