Bears see Mag 7’s S&P dominance as ‘one bad payroll away from cracking’: Bank of America

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Adam Smigelski

The Magnificent 7 tech giants’ significant impact on the S&P 500 (SP500) could stem from a significant slowdown in U.S. economic activity, Bank of America said.

Nasdaq 100 (NDX) and other technology stock indexes (COMP:IND)Q Q QRty WayTechnical effectsNDX

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