The recovery from the 2022 stock market selloff gained momentum during the second quarter, with many of the trends observed in the first quarter persisting. Growth stocks continued to outperform value stocks, and the technology sector played a significant role in driving the market higher. Furthermore, the S&P 500 and NASDAQ widened their lead over the Dow Jones Industrial Average. Despite concerns about a slowing economy and rising interest rates, the economy demonstrated resilience, and the stock market performance remained robust.
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