Updates - Macro Trend

Big US tech stocks emerge as election winners

Before Americans knew the outcome of the 2020 US presidential election, investors had called a winner: high-flying technology stocks that have already soared this year. Shares of big tech companies such as Facebook, Microsoft, Apple and Amazon surged in the hours after the polls closed on November 3. By the end of the week, the Nasdaq Composite index was once again within striking distance of its all-time high.