3 Tech Mutual Funds to Thrive Amid Strong Labor Conditions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2025
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Source: NASDAQ.COM
U.S. Labor Market and Fed Policy: The U.S. labor market remains strong with low unemployment claims, prompting the Federal Reserve to lower interest rates and adjust rate hike expectations for 2025, indicating optimism about economic growth.
Investment Opportunities in Tech Mutual Funds: Given favorable economic conditions, three tech mutual funds—Fidelity Select Semiconductors Portfolio, DWS Science and Technology Fund, and T. Rowe Price Science and Technology Fund—are recommended for long-term investment due to their strong performance and low expense ratios.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
