While the Magnificent Seven group of big tech stocks has outpaced the S&P 500 this year, under the hood there are signs that it might make sense to pick and choose carefully among them. https://t.co/c4psx3XkQg ...

Core Insights - The stock market showed positive movement with the Dow Jones Industrial Average rising by 32 points, or 0.1%, indicating improved market breadth as 18 of the 30 stocks in the index traded higher [1] - The S&P 500 increased by 0.3%, with over 300 stocks trading higher, while the Nasdaq Composite saw a rise of 0.6% [2] Market Performance - The Dow's modest gain reflects a recovery after trading down for much of the session, suggesting a potential shift in market sentiment [1] - The overall market breadth appears solid, indicating a broader participation in the upward movement across various stocks [1] Sector Highlights - The positive performance of major technology stocks contributed significantly to the gains in the S&P 500 and Nasdaq indices, highlighting the influence of big tech on market trends [2]

If big tech stocks continue on their current path, it isn't a stretch for them to lead the S&P 500 higher, says DataTrek Research Co-Founder Nicholas Colas. ...