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Magnificent 7 helps push mutual funds to a strong start in 2024 - Goldman Sachs

February 23, 2024 7:45 AM EST

The strength of the "Magnificent 7" stocks has driven strong mutual fund performance at the start of 2024, Goldman Sachs analysts said in a note this week.

The bank explained that following a lackluster 2023, mutual funds are off to a strong start in 2024, with 46% of large-cap mutual funds beating their respective... More