Big Tech Stocks Thrive Amid Bank Turmoil.

1 min read
Source: Barron's
Big Tech Stocks Thrive Amid Bank Turmoil.
Photo: Barron's
TL;DR

Despite the recent troubles of SVB Financial, which kicked off the latest round of stock market woes, the tech sector has remained resilient. The Nasdaq Composite has jumped more than 4% over the past five trading days, while the tech-stock index has climbed nearly 16% year to date, compared with just over 3% for the S&P 500. This has been good news for Apple stock and the rest of big tech.

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