Wealth management data recent wealth management data points to

Recent wealth management data points to a shift in investor sentiment as U.S. equities saw the S&P 500 rally 1.2% last week, driven by tech earnings beats. Analysts project moderate gains through Q3, with portfolio managers increasing allocation to growth sectors while hedging exposure via defensive dividend stocks. “People tend to concentrate about what’s in the new-high list,” he said, and those stocks can go up further, but he likes to look at companies on the low list. By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services. Wealth management data reports notable momentum in consumer discretionary stocks, with e-commerce leaders posting 15% YoY sales growth. NASDAQ Consumer Discretionary index rose 2.2%, suggesting sustained retail sector strength into Q