Investors are pouring billions into the hottest part of the stock market
|05/26/2017||Posted by BusinessMediaguide.Com under General World News||
No area of the stock market has been hotter than tech since the election, and it seems investors still haven’t gotten their fill.
They poured $1.8 billion into the largest exchange-traded fund tracking the sector on Tuesday, the biggest single-day inflow since September 2010.
That jibes with data compiled by Bank of America Merrill Lynch last week, showing that the group is on pace to absorb the most capital since the dot-com bubble 15 years ago.
It’s a remarkable signal of confidence for tech industry, which has already surged 21% since the US presidential election. So why are people so keen read more >>>