Rising oil prices, high-achieving tech earnings, and even stock buybacks combined to help power the market higher this week. While info tech helped lead the major indices higher on Thursday, it was also encouraging to see other sectors play a role. Eyeing Info Tech Earnings: Earnings season has been good for info tech, and that’s showing up in the sector’s performance vs. the broader market. However, comparisons get a lot tougher for info tech next year, with CFRA projecting full-year 2019 info tech earnings growth at 9%. Another Type of Tech: There’s info tech, and then there’s the old technical indicators that sometimes pull or push stock indices.

Source: Forbes May 11, 2018 14:42 UTC