Wealth Tracker: A move away from Mag 7 - Which sectors are investors rotating to?

Published Mar 24, 2025, 10:10 AM

Tech giants that have dominated Wall Street for two years are losing their grip. The Bloomberg Magnificent Seven index has fallen roughly 10% from its December peak, officially entering correction territory. But why are investors shying away from the Magnificent Seven?And what sectors are now investors looking into? On Wealth Tracker, Hongbin Jeong speaks to Rahul Ghosh, Portfolio Specialist in the Equity Division at T. Rowe Price, to find out more.