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News  ›  Benzinga

Tech's Hottest Rally Since 2000 Meets The Most Bullish Month

Benzinga Logo Benzinga • •By Piero Cingari
Tech's Hottest Rally Since 2000 Meets The Most Bullish Month

Technology stocks are experiencing a significant rally driven by potential Fed rate cuts, AI-driven earnings, cooling inflation, and improved US-China trade relations. The Technology Select Sector SPDR Fund has surged over 42% in six months, potentially marking its best performance since 2000.

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XLK   positive

Fund has soared 42% in six months, potentially reaching its best six-month rally since March 2000, with strong performance indicators and positive market conditions