The trading week ended with a shift as markets show signs of the next leg upward without Big Tech leading the way. Muscular corporate results and outlooks from various sectors are driving projected returns for the next year. Weakened tech enthusiasm leaves room for sentiment and returns to improve. The rotation away from Big Tech stocks is fueled by AI concerns that even top players have never fully resolved. Weakness in the AI trade could spur other sectors to rise, with value stocks potentially outperforming next year. The Russell 2000 hit a record high, signaling a broadening out of the market.
Read more at Yahoo Finance: AI fears are fueling a welcomed stock market rotation away from Big Tech
