News Snapshot:
Most of the stock market gains this year have been powered by a handful of tech-focused names that have posted outsized increases, according to Bank of America. Call them the S & P 7 — or, as the firm's chief investment strategist, Michael Hartnett, labels them, the "Magnificent Seven." Jim Cramer also named his "Magnificent Seven" on "Mad Money." Read about it here . Together, the stock bloc has contributed 8.8 percentage points of the S & P 500 's total 10% increase, as of Thursday's close, for all of 2023. Nvidia has been the biggest contributor, adding 2.1 percentage...