Even as big tech soars, they become "safer"

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-22 at 09:30:00 CST

The big tech stocks driving the Nasdaq 100 have become a sort of safe-haven since the pandemic. As the index has hit new highs, its beta relative to the S&P has actually declined, an unusual situation for a group of stocks that are normally considered highly volatile.

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