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Lisa Abramowicz: Tech stocks in S&P surge almost 20% in April

Lisa Abramowicz: Tech stocks in S&P surge almost 20% in April
Tech stocks surge 20 percent in April

Lisa Abramowicz, Journalist, Co-host on Bloomberg TV/Radio at Bloomberg, reports that tech stocks in the S&P have climbed nearly 20% so far in April, positioning them for their strongest monthly gain since 2002.

Abramowicz also observes that Nvidia's market capitalization has increased by $1.25 trillion in the past four weeks, reaching a total of $5.26 trillion.

Abramowicz has previously reported that banks have tripled lending to private equity and credit since 2018, exceeding $300 billion. She also noted that Brent crude rose 58% in a single month, marking its largest monthly increase on record. The recent tech stock rally follows a series of significant market moves tracked by Abramowicz.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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