The Shifting Trends That Drove Stock Funds In Q3 2026
Equity markets’ third-quarter rise masked sharp underlying swings among equity funds.
Technology still ranks among the year’s best-performing equity Morningstar Categories, but a pause in the AI infrastructure rally cut into tech funds’ lead. Semiconductor stocks, the AI “winners” that propelled tech’s second-quarter gains, cooled, and software shares, the AI “losers” that had plunged earlier, rebounded.
This post originally appeared at Morningstar.
