Amazon a top stock pick for investors?

Jag Capital Management CEO Norm Conley and MarketWatch Technology Editor Jeremy Owens on the impact of the U.S.-China trade war on the tech sector, the tech stocks to watch and the Senate bill that would force tech companies to disclose the value of consumers’ data.

Technology stocks are Wall Street’s top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and chipmakers face turbulence related to the U.S.-China trade war.

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The S&P 500 information technology index has surged 9% in June, its strongest month in three years. That rally, and the S&P 500’s record high on June 21, reflect investors’ increased appetite for risk as they become more confident the Federal Reserve will cut interest rates to support a slowing economy.

It also shows that Wall Street is mostly confident that U.S. President Donald Trump, who has shown a dislike for stock market downswings, will ultimately resolve his trade conflict with China.

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