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Trade wars and regulatory threats challenge tech leadership as the market flirts with a new high

June 12, 2019


When the bull market has its last hoorah, most likely technology and internet stocks will be at the top of the hill, leading the charge.

But before that, analysts have diverging views on how much and which names investors should hold in a group of stocks that are dogged by regulatory issues, trade war conflicts and earnings pressures.

The S&P information technology sector was unchanged Tuesday, coming right after a heady five-day run, where it gained 9%. That was a bounce after the sector’s 10.6% loss from May 3 to early June. The sector’s losses in that period outpaced the S&P 500′s 6.8% decline but it has gained back 8.5% since June 3. In the same period, the S&P has bounced back by 5.1%, and at 2,885, is edging closer to its all-time high of 2,954.

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