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YahooAugust 4, 2026 at 10:02 AM NYlast month

Today's Trade Is to Buy Chips and Sell the Magnificent 7

The tech stock rally continued, extending yesterday's gains, but today's rise looks a little different. The tech-heavy Nasdaq Composite was up 1.1%. The tech sector led the S&P 500, up 3.1%. Unlike yesterday, it wasn't the Magnificent Seven stocks doing the heavy lifting.

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