information technology stocks

Tech tops financials in S&P, energy on the rise

Newsvine - business  Sat, 05/24/2008 - 00:11

For the first time since the bubble burst earlier this decade, information technology stocks have overtaken financials as the largest sector by market value in the Standard & Poor's 500 index.

But that alignment might not last for long — soaring oil prices have helped lift the energy sector to a close third.