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Tech stocks fall but indexes remain positive this year, Ben Carlson notes

Tech stocks fall but indexes remain positive this year, Ben Carlson notes
Nasdaq 100 and S&P 500 post gains

The Nasdaq 100 index has increased by 13.7 percent this year, while the S&P 500 is up 12.4 percent.

Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, commented that these returns come despite significant declines in technology stocks.

Earlier this year, Ben Carlson highlighted a 50% decline in Planet Fitness shares. He has also stated that it may be an appropriate time for investors to rebalance their portfolios. These comments provide additional context to his recent views on market performance.

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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