TechFlow news, July 17, many analysts expect the stock market rally in the second half of this year to continue the trend of broadening out from large-cap tech stocks. In just the past few weeks, the market trend has become increasingly clear: investors are turning their attention to areas beyond hyperscalers and chip manufacturers.
In this round of sector rotation, one benefiting sector is railway, airline, and trucking companies, which transport goods and materials that support economic operations. The Dow Jones Transportation Average, which tracks 20 large transportation companies, rose 3.2% on Thursday, with a cumulative gain of 5% so far in July. This sector has always been regarded as a barometer of economic health and recently even set the best annual start since 1991. Healthcare is another sector that posted gains. The S&P 500 Healthcare Index rose 6.2% in the past month, performing best among the 11 sector groups of the S&P 500 Index. (Jin10)
