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Topic: market-breadth

Market data displayed on screens at a stock exchange
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.

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