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Coronavirus Hasn’t Diminished Allure of Big Tech Stocks – The Wall Street Journal

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Coronavirus Hasn’t Diminished Allure of Big Tech Stocks – The Wall Street Journal

The FANG trade hasn’t lost its bite. Big technology stocks are again charging to new heights and propelling the broader stock market, which is swiftly rebounding after a punishing selloff. The NYSE FANG+ index—which comprises Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc., along with Apple Inc., Twitter Inc.,…

Coronavirus Hasn’t Diminished Allure of Big Tech Stocks – The Wall Street Journal

The FANG trade hasn’t lost its bite.

Big technology stocks are again charging to new heights and propelling the broader stock market, which is swiftly rebounding after a punishing selloff.

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The NYSE FANG+ index—which comprises Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc., along with Apple Inc., Twitter Inc.,…

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