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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