
On November 22, 2024, the Dow Jones Industrial Average experienced a significant rise, while the Nasdaq Composite underperformed, reflecting traders' concerns regarding technology stocks. This trend is part of a broader market context where tech giants are facing challenges, particularly in the communication services sector, amid mixed market signals. Analysts noted that the Nasdaq has been lagging behind the S&P 500 since February 2021, a trend that has persisted for 45 months. Recent discussions in various market sectors, including basic materials, financial services, and energy and utilities, highlight ongoing market dynamics, with tech stocks showing stalled relative performance compared to the S&P 500.
Tech stocks’ relative performance to the S&P 500 has stalled recently https://t.co/A601lXoF0A
'In February 2021, the Nasdaq Composite stock index began to underperform the S&P 500… and this has continued for the past 45 months.' https://t.co/3Qu2hBdUT9 https://t.co/guvZVcFZDH
Tech giants stumble: Communication services slump amid mixed market signals https://t.co/BH9s0cha8y
