Big Tech

Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and technology stocks. This came on the heels of Nvidia (NASDAQ: NVDA), a prominent figure in artificial intelligence, reporting impressive earnings and providing an optimistic outlook.

Apple Inc. stands as a unique entity in the corporate world, celebrated for its organizational simplicity and a product and service portfolio that requires no introduction. Unlike its industry peers like Microsoft, Alphabet, and Berkshire Hathaway, Apple refrains from large-scale acquisitions, maintaining a clear and unmistakable brand identity.

The realm of technology has undeniably reshaped our world. Google reigns supreme as the ultimate source of knowledge, while Tesla has singlehandedly revolutionized the automotive industry. Fintech pioneers such as PayPal and Square have altered the landscape of funds transfer and financial services. In this article, we embark on an insightful journey into the realm of tech stocks. We aim to provide a concise understanding of what tech stocks encompass, their various categories, and how to engage in trading within this dynamic sector.

Key events:

Key events: USA - S&P Global US Manufacturing PMI (Jan) USA - S&P Global Services PMI (Jan) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories The S&P 500 achieved a record high for the third consecutive session on Tuesday, driven by optimistic sentiments in the tech sector. The S&P 500 climbed 0.3%, reaching a new closing peak of 4,864.11, while the NASDAQ Composite also set a record with a 0.4% increase. In contrast, the Dow experienced a slight decline of 0.3%, equivalent to 95 points.

Key events: Eurozone - ECB President Lagarde Speaks Japan - BoJ Interest Rate Decision On Friday, the S&P 500 achieved an unprecedented high as investors continued to gravitate toward prominent tech stocks. This surge was fueled by encouraging data revealing heightened consumer sentiment and a moderation in inflation expectations.

Key events: USA - 5-Year Note Auction USA - API Weekly Crude Oil Stock On Tuesday night, US stocks displayed minimal changes as investors closely monitored the benchmark index's trajectory toward a record high.

Investors are preparing to conclude a prosperous year in the stock market. As of mid-November, the S&P 500 has surged by 18%, surpassing the 10% average price gain for the broad-market index. This upward trend has persisted despite Federal Reserve interest rate hikes, ongoing inflation, and geopolitical tensions, underscoring the unpredictable nature of the stock market.