Financial markets may experience broader participation with the increase in profits of various companies

"By mid-June, the Information Technology (IT) and Telecommunications sectors had risen by more than 20%, and the Bloomberg Magnificent 7 Index had increased by over 30%, contributing to 71% of the S&P 500's returns since the beginning of the year. At the same time, the remaining nine sectors did not perform as well as the overall S&P 500 index

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