Tech stocks refer to shares of publicly traded companies that operate in the technology sector. These companies typically engage in industries such as software development, hardware manufacturing, information technology services, internet services, and telecommunications. The performance of tech stocks is often associated with innovation and advancements in technology, leading to rapid growth and significant returns for investors. Investors and analysts closely monitor tech stocks due to their potential for high volatility and their impact on market trends, as technology plays a crucial role in the modern economy. Examples of well-known tech stocks include companies like Apple, Microsoft, Amazon, and Google (Alphabet). Tech stocks can serve as an indicator of market sentiment towards technology and innovation.
The Nikkei index initially surged due to a tech stock rally, reaching 37,326 points, driven by semiconductor giants like Advantest. The BoJ Governor's comments on wage growth raised the prospect…