Big Tech is driving a historic divide in the S&P 500. Why investors need to take notice.
At a glance
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
- Primary source
- MarketWatch.com - Top Stories — Read original article
- Published
- Topic
- Markets
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its constituent stocks remained decidedly overbought.
This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.
References
More in Markets
This year’s worst-performing S&P 500 stock is finally seeing some major relief
AppLovin’s stock is popping after “clearly positive” earnings results.
10-year Treasury yield slides as traders mull over Democrats' midterm victories, oil prices drop
Treasury yields were last little changed Wednesday as investors weighed big wins from Democrats in the U.S. midterm elections.
Datadog’s stock extends steep declines in the wake of earnings
Datadog failed to top expectations with its revenue forecast.
Super Micro’s stock pops as earnings show booming demand for AI servers
Super Micro is building out a “high-quality customer base” that’s fueling revenue growth, CFO Mark Long told MarketWatch.