I thought tech stocks were supposed to be tanking because of Trump.
Notice that the AP did not assign credit to anyone. Staying “carefully neutral” here. Of course, if such a thing happened during the last administration, guess who they would be writing hymns to.
The tech stocks have huge market caps, so are a major part of the S&P 500. Just as long as regular investments like 401K contributions flow into S&P 500 index funds, the techs will continue to go up.