2023 has thus far been a winning year for stocks, despite fears of a recession overshadowing the market over much of the first half.

While the economy seemed headed for a recession at the start of the year, inflation has moderated as unemployment has remained low, and a boom in artificial intelligence has sent valuations higher across the tech sector.

As a result, all three major indexes are up so far this year, but the Dow Jones Industrial Average is trailing the other two in part due to the outperformance of the tech sector. The chart below tells the tale.

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Source Fool.com