The stock market’s rally on Wednesday was primarily driven by Big Tech, with the Nasdaq Composite up 1% and the S&P 500 up 0.4%. However, the Dow was down 0.3%, lacking exposure to large tech stocks. The Magnificent Seven tech giants, including Alphabet and Apple, saw gains, with Alphabet up 8.7% and Apple up 2.6%, following favorable investor views on Google antitrust case remedies.
Read more at Barron’s.: Mag 7 Stocks Are Lifting the Market. Breadth Is Bad.
