Less than 3 weeks until the sharp decline at the beginning of the month, US stocks once again proved their strong resilience with their strength — the S&P and NASDAQ are about to return to historic highs, so $NVIDIA (NVDA.US)$The leading technology stocks even bottomed out, leading the NASDAQ out of the pullback range at a record speed.
Tech giants are still the main forces in the current round of US stock rebound.According to statistics, the market capitalization of the Big Seven has rebounded more than 1.4 trillion dollars since August 5, almost half of the 3.2 trillion dollar market value increase that rebounded during the $S&P 500 Index (.SPX.US) $ period; among them, Nvidia directly contributed about 7% of the increase.
Although US stocks are booming, there are still some interesting signs worth keeping an eye out for. Leaving aside technology stocks that have been in the spotlight for a long time, some industries that have not been taken seriously for a long time also seem to be “making a fortune.”
Are US stocks “blooming everywhere”? Defensive stocks rarely outperform tech stocks
According to the data,The utilities, daily consumption, healthcare, and defensive stock sectors rarely outperformed the IT sector in January and recorded significant increases. The three major sectors are already at 52-week highs.
Furthermore, many stocks in the industry have also performed extremely well. Among individual stocks with a market capitalization of 100 billion dollars, $Eli Lilly and Co (LLY.US)$、 $Thermo Fisher Scientific (TMO.US)$、 $AbbVie (ABBV.US)$、 $Regeneron Pharmaceuticals (REGN.US)$Pharmaceutical giants are showing strength...