Can sizzling Magnificent Seven trade keep powering US stocks in 2024? – Markets

NEW YORK: As a strong year in US stocks winds down, fund managers face a potentially consequential choice in 2024: stick with the few massive growth and technology names that have powered equity indexes higher, or take a shot on the rest of the market.

Shares of the so-called Magnificent Seven – Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla – have individually soared…

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News Source: www.brecorder.com