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Home » Tech companies led stock gains in the first half, but the U.S. wasn’t the biggest winner
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Tech companies led stock gains in the first half, but the U.S. wasn’t the biggest winner

adminBy adminJuly 1, 2026No Comments3 Mins Read
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On June 26, 2026, traders are working at the New York Stock Exchange.

new york stock exchange

The tech sector has emerged as a clear winner in the first half of 2026. However, big US tech stocks enjoyed significant gains despite a sharp selloff at the end of June, while significantly outperforming their international counterparts.

Among MSCI’s sectoral indexes, the index for emerging market large- and mid-cap technology stocks was the best performer in the first half of the year, rising more than 90%.

In the European version, it increased by 44.8%, while in the US version, the top constituents include: Nvidia, apple, microsoft, broadcom and micron — increased by 19.4%.

This trend was also seen in other parts of the market. pan-european Stocks 600 The technology index rose 23.4% between January and June. S&P 500 Information Technology The index rose 19.4%.

High-tech oriented Nasdaq 100 Index – Nvidia, Apple, Microsoft, and alphabet Among its constituents, it rose 19.9% ​​in the six months to June.

Comparatively, S&P500 It rose 9.55% in the first half of this year. Nasdaq Composite Add 12.79%; Dow Jones Industrial Average It rose by 8.85%. All three major Wall Street averages outperformed various major indexes elsewhere in the world.

Emerging markets continued to outperform across the board, with the MSCI Emerging Markets Index up 24% in the first half. Korean Kospi Japan jumped 101.1%, but Nikkei Stock Average It increased by about 39%.

pan-european Stocks 600 London rose more than 8%. FTSE100 Germany added 5.7% in the first half, but dachshund France rose by about 1.9%. CAC40 It rose by just over 3%.

In this region, Southern Europe’s index stood out, as did Spain’s index. ibex 35 Portugal rose 12.5% PSI The index increased by 10.5%, with Italy’s FTSE MIB Increased by 14.7%.

Looking at individual tech stocks, Nvidia rose 7.3% in the first half of this year. But other big tech stocks were further hurt in the first half by the volatility that hit the sector, as investors weighed developments in the AI ​​field. For example, Microsoft stock fell 22.9% in value in the first half of this year.

Tech stocks rose in Asia and Europe, driven by strong gains in the semiconductor sector. TSMC Stock prices soared 55.5% in the first half, while South Korean stock prices rose 55.5% in the first half. SK Hynix It has increased by about 300%. Dutch semiconductor manufacturing equipment manufacturer ASMI and ASML They increased by 93.3% and 86.8%, respectively. BE Semiconductor‘s stock has more than doubled in value.

This is a developing story. Please refresh to check for updates.

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