Broader market is shaking off the influence of Big Tech

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-09-22 at 11:00:00 CST

In recent years, the S&P 500 has been highly correlated to changes in the Nasdaq 100. That has plunged lately as the market has shrugged off the influence of big tech stocks. Other times when the correlation between them dropped, it was a shorter-term weight on tech.

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