AI trade drags market lower, tech giants drive July rally – finish strong Stocks Investing [VgXT4xGbX8T]

The AI trade led us lower, and it’s got to lead us out. $XLK +5.5% $SPY +1.7% and it was $MSFT with the stick save. Huge days for $LRCX $INTC $AMD while $MU and memory gang got a huge boost. $XLF $GS $C $XLI did well, but breadth was poor. Let’s finish the month strong!