In the stock market, it’s become Apple, Microsoft and Alphabet vs everyone else

In the stock market, it’s become Apple, Microsoft and Alphabet vs everyone else

Tim Cook, CEO of Apple (L), Satya Nadella, CEO of Microsoft © and Sundar Pichai, CEO of Google.
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The stock market travels on the currents of supply and demand. That’s uncontroversial.
Yet as the indexes have sped to new highs, plenty of observers have argued that a relative shortage of stocks combined with somewhat mechanical sources of demand explain everything from Dow 29,000 to…

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