Stock Market Shifts: Tech to Defensive Stocks
Update: 2025-11-11
Description
On November 11th, the stock market witnessed a swift sector rotation, with investors shifting from tech stocks to more stable companies. The Nasdaq dropped, while the Dow gained ground, driven by positive news from healthcare giants like Merck, Amgen, and Johnson & Johnson. Notable gainers included Bio-Techne, Tandem Diabetes, Align Technology, DexCom, and Teleflex, reflecting investors search for stability. Tandem Diabetes, in particular, saw significant gains following better-than-expected revenues and narrower-than-predicted losses.
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