Tech Sticks The Landing

2026-04-17 11:45:00 ET

It’s been an impressive run for the technology sector. Since its closing low on 3/30, the sector has rallied 18.4% for its largest 12-trading-day gain since coming out of the Covid Crash. It’s also traded higher for 12 straight days, which is already tied for the second-longest streak in the sector’s history. Following news from Iran that the Strait of Hormuz is fully open for as long as the ceasefire remains in place, the technology sector is trading 1.5% higher in the pre-market, which would extend the streak to 13 straight trading days, trailing only the 15-day streak that ended in February 2017....

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