2min chapter

Goldman Sachs The Markets cover image

Volatility, Earnings, and European Equities

Goldman Sachs The Markets

CHAPTER

The Rise of Tech Stocks in the US

S&P 500 is up around 5 or 6%, and the NASDAQ is up more than that. Double digit returns so far this year. It's a narrow group of companies driving equities up, which is a large cap, tech driven companies. For them, a slower economy with interest rates starting to peak and expectations for interest rates eventually coming down isn't bad news. But if you look elsewhere, you see a less rosy picture. The Russell 2000, which is the small cap index in the US, that's down here to date. Also investors have been piling into money market funds since the start of March because of the concerns and stresses in the bank sector. And generally,

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode