
Big Tech is driving a historic divide in the S&P 500. Why investors need to take notice.
Summary
A prominent market observer noted a rare split within the American equities sector. The benchmark index recently entered an oversold state while a significant portion of its individual components stayed in overbought territory.
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.
Source: Read the full story at MarketWatch.com - Top Stories
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