Optimism that the Federal Reserve will pivot from its most aggressive interest-rate hiking cycle in four decades – a major headwind for the industry last year – has pushed the SP 500 Information Technology Index up 19% in 2023 compared with a 7.7% gain for the SP 500 Index.
Optimism that the Federal Reserve will pivot from its most aggressive interest-rate hiking cycle in four decades – a major headwind for the industry last year – has pushed the SP 500 Information Technology Index up 19% in 2023 compared with a 7.7% gain for the SP 500 Index. Optimism that the Federal Reserve will pivot from its most aggressive interest-rate hiking cycle in four decades – a major headwind for the industry last year – has pushed the SP 500 Information Technology Index up 19% in 2023 compared with a 7.7% gain for the SP 500 Index. Moneycontrol Latest News Read More
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