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Tech-Led Quarter-End Rally; Narrow Breadth Leaves Small Caps Behind

Tech-Led Quarter-End Rally; Narrow Breadth Leaves Small Caps Behind

Published 4 months, 2 weeks ago
Description
A late-March rally led by large-cap techs and semiconductor suppliers pushed benchmarks higher into the quarter close, while small caps lagged. Market action today was driven by silicon-photonics deal flow, energy subsidies and policy headlines, leaving breadth narrow and investors parsing Fed and economic signals ahead of April.
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