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The stock market has just undergone a major transformation

Keris Lahiff

"What's going to be left of the technology sector is going to be largely driven by the hardware and the software and services space," explained Lindsey Bell, investment strategist at CFRA Research, on CNBC's " Trading Nation " on Thursday. Among the biggest changes, Facebook FB and Google parent Alphabet GOOGL moved out of tech into the new sector. Apple and Microsoft as the two biggest drivers should continue to lead gains in the tech sector, says Bell.

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