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Stock index

As Magnificent Seven stocks dip, smaller companies have taken up the mantle

by Kristin Schwab and Sarah Leeson
Aug 5, 2024
The companies that could profit the most from a potential Fed rate cut aren't Big Tech companies, so investors are shifting their focus.
With Big Tech companies stumbling in recent earnings, the hundreds of smaller companies in the S&P 500 have sprung to life.
Michael M. Santiago/Getty Images
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