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Tech Overtakes Financials as Largest Sector in S&P 500 »

Posted by: etrader 3 months, 1 week ago

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For the first time since the bubble burst earlier this decade, information technology stocks have overtaken financials as the largest sector by market value in the Standard & Poor's 500 index. But that alignment might not last for long as soaring oil prices have helped lift the energy sector to a close third.