Nasdaq may have had a bad quarter, but old-school big-caps stepped in. That's the mark of a healthy market, when one sector stumbles but another takes its place. The big rally in yields we saw in Q1 may have hurt Tech shares, but definitely helped Financials.
Hard Act To Follow: Q2 Begins After A Strong Start To Year, With Tech Sector Getting Early Support
Forbes - 1 Apr 2021 15:31
Nasdaq may have had a bad quarter, but old-school big-caps stepped in. That's the mark of a healthy market, when one sector stumbles but another takes its place. The big rally in yields we saw in Q1 may have hurt Tech shares, but definitely helped Financials.
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