Tech led H1 stock gains — but the biggest winners weren’t in the U.S.

Investors trade on the New York Stock Exchange on June 26, 2026.
New York Stock Exchange
The technology sector has emerged as the clear winner in the first half of 2026. But while US Big Tech stocks made strong gains despite a sharp sell-off in late June, they have largely lagged their international peers.
The index, which includes large and medium-sized emerging market technology stocks among MSCI’s sector-specific indices, was the best performing index in the first six months of the year with a gain of over 90%.
Its European counterpart gained 44.8%, while the US version gained 19.4%.
This trend has also been seen in other parts of the market. Pan-European Stoxx 600 Technology index increased by 23.4 percent between January and June S&P 500 Information Technology index increased by 19.4%.
Technology-oriented Nasdaq 100 index — what matters Nvidia, Apple, Microsoft And Alphabet Among its components, it increased by 19.9% in the six months of June.
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