Will the S&P 500's technology sector (XLK) underperform the S&P 500 (SPY) by more than 5% in Q3 2024?

The headline implies 'no tech, no problem' and that other stocks can lead. This suggests a potential rotation out of tech. If this rotation is significant, the tech sector could lag the broader market substantially.

Implied probability (Yes)

40%

Closes

2026-09-03