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META - S&P 500: How The Broadening Story Could Push Equities Higher
Meta Platforms Inc
2024-04-12 17:01:29 ET
Summary
In 2024, a broader participation from sectors other than technology is taking form.
The S&P 500 will need strong performance from cyclicals, financials, and energy.
Technology stocks outperformed the S&P 500 in 2023, but are now underperforming in 2024.
We've seen some broadening of the market in 2024 compared to 2023. Hopefully, that's a sign of a move higher with greater participation from sectors other than technology....