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Big Tech Offers Support for S&P 500 and Promise to Investors

  • Apple, Microsoft remain well above key technical levels
  • Tallbacken sees large-cap tech stocks as a yield play
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Faster-growing technology firms haven’t been immune to the coronavirus-induced stock market meltdown -- but they’ve fared better than most and can act as a bastion of support for investors.

That’s the view of a number of fundamental and technical strategists who argue that once again technology stocks are better placed compared to broader U.S. benchmarks.