5 Technology Stocks Powering S&P 500 ETF This Year

The S&P 500 has been on a bull run this year, touching a series of record highs buoyed by rate cut bets, strong corporate profit growth and the ongoing artificial intelligence (AI) craze. The benchmark registered its 30th record close of the year.SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has gained 14.5% so far this year. While many stocks powered the ETF, technology has been the clear leader. Here, we have highlighted five technology stocks that have led the way higher in the E ...