Is there a correction ahead for tech stocks?
After several years of tech giants getting bigger and bigger market caps and dominating the makeup of the S&P 500 like never before, a different dynamic has emerged this year. The weight of the top 10 stocks in the S&P 500 has recently seen some major weakness relative to the rest of the stock market. Thank you RBC Capital Markets Lori Calvacina for this nifty chart you are looking at right now.The chart is primarily made up of the MAG 7 tech giants. Sentiment on tech has soured as fears of overspending on ...