Wall Street’s big tech is back on Wednesday

On Wednesday, Wall Street’s Big Tech will return.
As investors continue to employ the strategies that have been successful for them over the previous ten years, the tech sector continues to be the primary driver of the major US stock indices.


Investors are still primarily focused on discussions regarding lifting the US debt ceiling because they are concerned about the effects that a default would have on international stock markets.

Current uncertainty is evident in how the indices performed yesterday, which saw drops practically everywhere but the Nasdaq, which continued to post marginal gains (0.09%).

The strong hitters in the technology sector, such as Microsoft, Nvidia, Alphabet, and Amazon, continue to provide solid support for the index. Only 25% of the equities in the technology index were up.