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The Piney Point

Tech sector rally continues with Fed expected to leave benchmark interest rate alone

Tech sector rally continues with Fed expected to leave benchmark interest rate alone
Photo: KPRC 2 / Click2Houston (NBC) · view original

Tech stocks have surged this week ahead of Wednesday's meeting of the U.S. Federal Reserve with markets anticipating no change to the benchmark U.S. interest rate, at least not yet. The rapid-growth tech sector is fueled by easy access to credit and hyperscalers like Microsoft and Alphabet will p...

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