Business
‘Tech Is Back’: Fund Investors Recovered in April
Fund investors can thank the big tech stocks for getting the second quarter off to a better start than the first.
Powered by gains in Nvidia and Google parent Alphabet, the stock market in April logged its best month since 2020, shaking off declines in the first quarter when the war in Iran started. That in turn, powered the average U.S.-stock mutual fund or exchange-traded fund to a total return of 10.3% for April, according to statistics from LSEG. (See Mutual-Fund Yardsticks table.)
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