Wall Street Week Ahead: Investors rethink recession plays, boosting U.S. stock market laggards
Written by Black Hot Fire Network on June 9, 2023
NEW YORK, June 9 (Reuters) - A U.S. stocks rally is showing signs of expanding beyond the cluster of giant growth and tech names that have led gains this year, as investors reposition portfolios primed for a widely expected recession.
For months, investors piled into a handful of megacap companies seen as safe bets in uncertain times, spurring a rally that . . .