Reported about 10 hours ago
Technical analysts express worries about the sustainability of the S&P 500's recent rise, driven primarily by technology stocks, unless more sectors like financials and small-caps join in. While the S&P 500 is nearing an all-time high, market breadth remains weak, raising concerns about a possible selloff. Analysts point to August as a potential point of weakness, particularly with tariffs and trade negotiations looming, while some still see reasons to remain optimistic in equities.
Source: YAHOO