MarketWatch: Despite AI bubble concerns, retail investors still expect tech stocks to beat the market

By Gordon Gottsegen, July 15, 2024

(MarketWatch) -- So far, 2024 has been a year of gains for the U.S. stock market, but retail investors are unsure if those gains come with a catch.

Online brokerage Moomoo surveyed 1,000 of the investors on its platform to take a midyear temperature check, and found that 84% of surveyed users believe that the tech sector will continue to outperform in the second half of this year. That’s slightly up from the 82% who expected tech to outperform at the start of the year — meaning that the rally in the first half of 2024 only strengthened their confidence in the tech sector.

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