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Tech leads first half stock gains — but the biggest winners weren't in the U.S.
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- The tech sector emerged as a clear winner in the first half of 2026.
- Of MSCI's sector-specific indexes, the index covering large and mid-cap emerging markets technology stocks was the best performer in the first six months of the year, with a gain of more than 90%.
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The tech sector emerged as a clear winner in the first half of 2026. But while U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June — they were largely outperformed by their international counterparts.
Of MSCI's sector-specific indexes, the index covering large and mid-cap emerging markets technology stocks was the best performer in the first six months of the year, with a gain of more than 90%.
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