The tech trade is back, driven by A.I. craze and prospect of a less aggressive Fed

(CNBC) Forget about the debt ceiling. Tech investors are in buy mode. The Nasdaq Composite closed out its fifth-straight weekly gain last jumping 2.5% in the past five days, and is now up 24% this year, far outpacing the other major U.S. indexes. The S&P 500 is up 9.5% for the year and the Dow Jones Industrial Average is down slightly.

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