Stock gains in 2018 aren’t just a tech story, but they’re mostly a tech story
July 12, 2018 at 14:42 PM EDT
The U.S. stock market has been doing well of late, with the Nasdaq hitting a record on Thursday and other major indexes on track for their fifth rise of the past six sessions. Investors shouldn’t be fooled, however: while stocks have broadly been doing well, the gains are much more narrow than is immediately apparent.