5 Technology Stocks Powering the S&P 500 ETF This Year

The S&P 500 Index reached another record high in the wake of Nvidia Corp.’s (NVDA) blockbuster earnings, which spread bullishness across the globe. SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has risen 4.6% so far this year. Strong corporate earnings and the AI boom have been the major drivers of the surge this year.Here, we have highlighted five technology stocks that have gained in double digits so far this year, and have a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold). Thes ...