Reported 1 day ago
Despite the S&P 500 reaching new record highs, a troubling trend is emerging as the number of stocks contributing to the rally diminishes. Recent data indicates that for the ninth consecutive day, more S&P 500 stocks have declined than risen, marking a significant shift in market breadth. While tech giants continue to perform well, overall market strength appears to be weakening, leading strategists to express concerns over potential sell signals.
Source: YAHOO