Tech Stocks Are Rising, but Not Much Else Is
In This Article:
Technology stocks may be rebounding from yesterday’s selloff, but they’re leaving the rest of the market behind. The Invesco S&P 500 Equal Weight ETF, a proxy for market breadth because it counts each stock in the S&P the same, was down 0.5%. The Dow was up 130 points, or 0.3%, with only 11 stocks in the index on the rise.
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