Tech and large-growth stocks led US market rebound in Q2, with healthcare and energy struggling

From Morningstar: 2025-07-02 04:41:00

In the second quarter, the technology sector and large-growth stocks saw significant gains, with AI giants Nvidia, Microsoft, and Broadcom leading the way. Healthcare, energy, and Apple were the primary drags on the market. Big Tech rebounded, with the US stock market closing up 11.1%, driven by AI hype.

Tech and large-growth stocks dominated the second quarter, with Nvidia, Microsoft, and Broadcom leading the market. These AI-focused companies accounted for a significant portion of the market’s gains. Nvidia’s impressive revenue growth and Microsoft’s strong performance in Azure boosted their stock prices.

Healthcare and energy sectors struggled in the second quarter, with healthcare stocks like UnitedHealth Group facing setbacks. Falling oil prices affected energy stocks like Exxon Mobil and Chevron. Even tech giant Apple experienced a decline, attributing to the market’s drag. Despite overall gains, certain sectors faced challenges.



Read more at Morningstar: These Stocks Led the US Market’s Big Rebound in Q2