🚨 BREAKING NEWS | ATTENTION-GRABBING DIVERGENCE IN US STOCK MARKETS
📉 The S&P 500 Equal-Weight Index finished the 7th straight week in a row with losses.
🔎 It is noted that this long-running decline series was previously seen in only two periods: the 2002 dot-com crash and the 2022 bear market.
📊 Despite this, the market-cap-weighted S&P 500 is holding onto its high levels supported by the strong performance of a few large-cap companies.
⚠️ This picture points to a notable divergence regarding how far the rise in the index is spreading across the broader market.
📉 The S&P 500 Equal-Weight Index finished the 7th straight week in a row with losses.
🔎 It is noted that this long-running decline series was previously seen in only two periods: the 2002 dot-com crash and the 2022 bear market.
📊 Despite this, the market-cap-weighted S&P 500 is holding onto its high levels supported by the strong performance of a few large-cap companies.
⚠️ This picture points to a notable divergence regarding how far the rise in the index is spreading across the broader market.