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TrackInsight: IT stocks see boost in performance

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07/21/2020 | 10:30am EDT

ETFs that track Information Technology stocks indices surged yesterday.

ETFs that track Information Technology stocks indices surged 2,62% yesterday, bringing the year-to-date cumulative performance to 19,91% despite the coronavirus downturn in march. The rally in technology companies pushed the S&P 500 in positive territory for 2020. This is not the first time this year that Wall Street is in the “green”; that was the case in June before the coronavirus pandemic began to spike again in the United States and other countries that sent markets lower again. Since the beginning of the year, investors have poured $ 3,5 Bn of new assets in this segment of 11 ETFs, pushing the total assets under management to $ 34,3 Bn.

Download the TrackInsight 2020 Global ETF Survey.

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.12% 27931.02 Delayed Quote.-2.13%
NASDAQ 100 -0.12% 11164.446946 Delayed Quote.27.84%
NASDAQ COMP. -0.21% 11019.300969 Delayed Quote.22.81%
S&P 500 -0.02% 3372.85 Delayed Quote.4.42%

© www.trackinsight.com 2020
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Top / Flop S&P 500
MCKESSON CORPORATION 158.67 Delayed Quote.4.26%
DXC TECHNOLOGY COMPANY 20.41 Delayed Quote.3.92%
APPLIED MATERIALS, INC. 67.62 Delayed Quote.3.92%
CABOT OIL & GAS CORPORATION 20.04 Delayed Quote.3.57%
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WYNN RESORTS 84.98 Delayed Quote.-1.95%
SEMPRA ENERGY 131.89 Delayed Quote.-2.06%
DUKE REALTY CORPORATION 37.89 Delayed Quote.-2.30%
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