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Broader tech sector lifts equities as institutional flows rebound
Tech-driven equities advanced as institutional flows improved and enterprise tech companies posted strong guidance.
Technology-heavy equity indices recorded a moderate rise as institutional flows returned to several large-cap software and chip-making companies. Analysts noted stronger-than-expected quarterly guidance from enterprise vendors, which supported renewed optimism in the sector. Trading desks reported that investor preference shifted toward firms showing resilient cash flows and growing international demand. Despite macroeconomic uncertainties, the recovery signaled improving sentiment among long-term investors seeking exposure to digital transformation trends.
Market participants highlighted stable volume patterns as an encouraging sign for near-term momentum.