October 10, 2024

The Stock Market’s Great Rebalancing: Tech Loses Favor, Broader Sectors Surge

Just three weeks ago, we witnessed a significant performance gap between the S&P 500 Equal Weight Index (2.48% YTD) and the market cap-based S&P 500 (6.69% YTD). This trend has accelerated, with the gap now narrowing. The latest numbers are 3.81% vs. 7.28%, a meaningful difference indicative of a substantial capital shift within the market. … The Stock Market’s Great Rebalancing: Tech Loses Favor, Broader Sectors Surge

The post The Stock Market’s Great Rebalancing: Tech Loses Favor, Broader Sectors Surge appeared first on ImaStockTrader.

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October 10, 2024

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