2023 Half-Year Recap | Top Performing Sector: Tech Companies Lead the Way, NVIDIA Soars Nearly 2x
As the approach of the end of H1 2023, it's time to look back at the performance of the US stock market. The overall trend has been positive, with both the Nasdaq and S&P 500 entering a "technical bull market."
Technology has seen the best performance among major sectors, rising by 52% year-to-date. The consumer discretionary sector follows, with an increase of nearly 38%.
The first half of 2023 has been marked by an AI boom that has played a key role in driving up tech stocks. Among them, $NVIDIA(NVDA.US$ stands out as the top performer in the tech sector, with its stock price nearly doubling and reaching a trillion-dollar market cap. Meanwhile, $Meta Platforms(META.US$ and $Advanced Micro Devices(AMD.US$ take the second and third spots on the list of best-performing tech stocks, respectively, with cumulative increases of over 130% and 85%.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
In 10 minutes it’s history. At four I’m a dinosaur!
37KFollowers
26Following
39KVisitors
Follow
151857738 : good job... hope all stocks will raise soon.
Giovanni Ayala :
