S&P 500 Gain Isn't What It Seems. Most of the Index Is Down.
The S&P 500’s turnaround on Tuesday is a bit of a mirage. The Invesco S&P 500 Equal Weight ETF, a proxy for mark breadth, was down 0.3%. The Nasdaq Composite was up 0.8%, while the Dow was down 110 points, or 0.3%.