One S&P 500 sector has taken over tech’s leadership in past month
There’s new leadership on Wall Street.
The industrials have led the markets higher over the past month, rising 14%, double the gains of the broader S&P 500. The sector has overtaken technology, which previously led on the march back toward record highs.
There are a few catalysts behind the move that should continue to drive the group higher, according to Michael Bapis, managing director of Vios Advisors at Rockefeller Capital Management.
“You’re going to start to see a rotation from the g…
