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The ‘Magnificent 7′ stocks have lost their grandeur and dominance in 2025, as none of the top seven technology giants have ranked among the top 50 performers of S&P 500 on a year-to-date basis. Analysts at Charles Schwab detail this rotation out of tech giants into the broader markets in their latest note.
What Happened: Liz Ann Sonders, the chief investment strategist at Charles Schwab & Co., along with Kevin Gordon, highlighted in her latest X post that the market focus was shifting away from Big Tech in 2025, terming it as “Mag7 to the Meh7”
As the S&P 500 logged its worst day of 2025 and second-worst day of March ever in 2025 on Monday, the index remains just 4.84% down from its 52-week high …
