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S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech

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PHOTO ILLUSTRATION BY EMIL LENDOF/THE WALL STREET JOURNAL; ISTOCKPremium
PHOTO ILLUSTRATION BY EMIL LENDOF/THE WALL STREET JOURNAL; ISTOCK

  • Microsoft, Apple have together contributed more points to index’s advance than all financial stocks have subtracted

Big technology stocks are back in the market’s drivers seat.