Tech Giants Lead Market Surge While Rest of Stocks Languish

The top tech companies have driven the stock market's gains this year while the rest of the market has struggled.
Seven large tech stocks account for all of the S&P 500's returns in 2023 and the Nasdaq is up 27% thanks to them.
Investors are debating whether to cash out of the high-flying tech stocks or stay invested in the companies leading the rally.
Excitement around artificial intelligence and other technologies is fueling megacap tech stock gains, though some worry valuations are getting too high.
While not officially a recession, the broader economy is showing only modest growth, but big tech seems insulated for now.