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3 Tech Funds to Buy Ahead of Fed's Upcoming Rate Cut [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
However, tech stocks appear to be defying the tradition as the Federal Reserve gears up to end its monetary tightening campaign. Tech stocks have been responsible for the broader market rally that started last year. Besides a few hiccups, the tech sector has been one of the best performers this year. It would thus be a prudent choice to invest in technology funds like Fidelity Select Semiconductors Portfolio FSELX, Janus Henderson Global Technology and Innovation Fund JNGTX and DWS Science and Technology A KTCAX for near-term gains. Tech Stocks Boost S&P 500, Nasdaq Rally A weaker-than-expected August jobs report and a marginal increase in the monthly inflation unsettled markets earlier this month, leading to a massive selloff. However, investors have since reassessed the situation and rushed to buy tech stocks. On Friday, both the S&P 500 and Nasdaq logged their fifth consecutive session of gains as investors snapped up mega-cap tech and semiconductor stocks. The S&P rose by
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