S&P 500 Outperforms, Tech Lags
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Technology
The 2025 stock market rally isn't just about the Magnificent 7

85% Informative
Nearly half of the companies in the S&P 500 are outperforming the index to start the year .
That's a stark reversal from the last two years of narrow market leadership where investors struggled to find winning stocks outside of large cap technology.
Goldman Sachs chief equity strategist David Kostin wrote in a recent note to clients that the current market is more "micro driven".
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