Markets
Saturday, 6/27, 11:43 AM
A Tale of Two S&P 500s as Investors Rotate Out of Big Tech
- The same 500 companies, two very different stories.
- As investors rotate out of the handful of megacap technology stocks that drove the market for three years, the equal-weight S&P 500 has been pulling ahead of the familiar cap-weighted version — a sign of how narrowly the rally had been built.