Invest Consulting Group Limited

Investors are now back to tech stocks after Fed Chief Powell reiterated that inflation isn't happening in the near future because they have confirmation from central banks that it will be held off.

Investors are now focusing on stocks that would grow more with or without the economy's recovery of the economy however most tech stocks are the least of gainers on today's session.

Market on Tuesday, ended in a lull as most investors adopted a wait and see attitude until FOMC's announcement tomorrow. The two-day meeting began today and investors are looking for guidance from the FOMC about inflation and tax rates.

Major indices have ended the last Monday session of February mixed with Nasdaq shedding less than 2.5%.

Major indices started the market with positive ticks but ended with small declines after reaching intraday record highs this Wednesday afternoon.