The Magnificent 7 tech stocks just drove a $2 trillion rally over a few weeks that staved off a Nasdaq correction

The Magnificent 7 tech stocks just drove a $2 trillion rally over a few weeks that staved off a Nasdaq correction

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Investors were given plenty of opportunities to fret about the outlook for technology giants this earnings season. Instead, they doubled down on a strategy that has worked all year: piling into the biggest stocks. That buying spree has fueled an abrupt U-turn in the Nasdaq 100 Stock Index that…

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