Reply To: Traders Market Weekly: Powell Testifies

#60244
MoneyNeverSleeps
Participant

Mega cap stocks

Vanguard Mega Cap Growth ETF (MGK) rose 1.5%
Invesco S&P 500 Equal Weight ETF (RSP) rose 0.7%.
S&P 500 closed with a 0.9% gain.

Most of the S&P 500 sectors closed with a gain.
Information technology (+2.1%) was the top performer by a decent margin followed by consumer discretionary (+1.7%) and communication services (+1.2%), all of which benefitted from strong mega cap constituents.