MGK is trading 1.6% up today as the information technology sector outperforms broader equities, fueled by strong momentum in mega-cap tech and AI themes.
- The Nasdaq is leading major indices with a 1.3% gain, bolstered by solid macro data including JOLTS and consumer confidence reports.
- Investor sentiment remains bullish ahead of upcoming earnings, overriding recent systemic-risk warnings from the BIS regarding the sector.