Excerpt from Yahoo Finance quoting DataTrek Research:
….. “Shares of big tech companies also climbed Wednesday as the specter of regulatory crackdowns against giants including Amazon fizzled with a divided Congress. In the new House, “There don’t seem to be any anti-tech firebrands in the new leadership, which is good news for the industry,” Nicholas Colas, co-founder of DataTrek Research, wrote in a note. “If gridlock in Washington is good for stocks, it may be absolutely wonderful for Tech”…..
Read the whole article here on Yahoo Finance!