AI stocks and ETFs expected to rally with Harris trade speculation, positive for the market.

From Nasdaq: 2024-07-23 13:00:00

U.S. tech stocks surged after Biden’s withdrawal from the presidential race, with the S&P 500 and Nasdaq Composite rising over 1% and 1.6%. NVIDIA led a tech recovery, with the sector gaining over 4.5%, fueling an AI rally momentum.

Harris’ endorsement as the Democratic nominee led to positive reactions in markets. The AI rally continued amid Biden-Harris leadership, with tech stocks rallying while other sectors like Treasury yield curve and dollar experienced setbacks.

Investors eye ETFs like MAGS, BOTZ, IRBO, ROBT, and WISE to capitalize on AI technology trends. The Magnificent Seven, including Apple, Microsoft, Alphabet, Meta, Amazon, NVIDIA, and Tesla, could benefit in the low-rate environment.

AI stocks and ETFs are expected to rally further due to the Harris trade speculation. Investors can track MAGS, BOTZ, IRBO, ROBT, and WISE for potential gains in the AI sector. The AI rally is likely to continue with Harris’ increasing chances in the presidential election.



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