The rally in US tech stocks is 'nothing close' to the dot-com bubble, DataTrek says

Spencer Platt/Getty ImagesUS technology stocks have staged a historic rally since the stock market bottomed on March 23.But the outperformance of US tech stocks relative to the S&P 500 in 2020 pales in comparison to the 2000 dot-com bubble, DataTrek said in a note on Wednesday. Instead, the tech rally today is closer to tech rallies seen in 2003 and 2009, according to performance data cited by DataTrek. At best, tech stocks have "enough room to continue to lead," but at worst will likely be