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macroJun 9, 2026, 8:13 PM

Wall Street Rotates From Tech Into Broader Sectors Amid Growth Hopes

Investors shifted out of major technology stocks into a wider range of sectors tied to improving economic growth. Chipmakers and AI shares fell, but gains across most S&P 500 companies limited overall market losses.

A sector rotation took place on Wall Street as investors moved away from major technology names into a broader set of industries linked to an improving economic outlook.

Chipmakers and AI-related stocks came under selling pressure, but the pullback was offset by gains in the majority of S&P 500 companies. The shift limited the overall decline in the broader market, reflecting renewed confidence in the economic cycle.

Source: First Squawk