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Tech stocks are powering this record-setting rally on Wall Street — but how long can it last? - MarketWatch

1. S&P 500 and Nasdaq reach record highs after tariff and inflation concerns eased. 2. Technology stocks, including AAPL, lead the market with significant gains. 3. Market breadth appears strong, with NYSE A/D line at an all-time high. 4. Concerns remain over only 50% of stocks above their 200-day moving averages. 5. Confidence in economic outlook enhances, bolstered by potential Fed rate cuts.

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FAQ

Why Bullish?

AAPL is part of the 'Magnificent Seven', benefiting from market rally. Historically, strong tech performance indicates AAPL's positive future, as seen during previous bull markets.

How important is it?

The rally broadly favors AAPL's sector, heavily influencing its stock price and investor sentiment.

Why Short Term?

Current trends suggest immediate benefits for AAPL amid ongoing rally, but sustainability is uncertain. Similar trends in the past saw quick recoveries in tech stocks post-recession.

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