Smaller stocks outperform S&P 500 for the first time since 1986, with tech stocks faltering.
A significant stock market rotation is occurring, with smaller stocks outperforming the S&P 500 for the first time since 1986. The 'Magnificent Seven' tech stocks, previously leading the market, have faltered, while smaller-cap stocks like the Russell 2000 have seen a surge. Investors are closely monitoring corporate earnings as they attempt to predict future market trends.
July 22, 2024
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