In market rally back to record, best S&P 500 tech trade hasn't been ‘Mag 7' or tech sector itself
- Tech stocks have boomed back from April lows, leading the market higher and on the verge of a new record.
- Some of the biggest tech stocks have again led the way, but it’s the Communication Services sector of the S&P 500, led by Meta and Netflix, that has bested returns of the S&P’s tech sector itself.