"Magnificent Seven" stocks, like Alphabet (GOOG, GOOGL) and Apple (AAPL) set fresh record highs, but the number of companies gaining dwindles, bringing into question the idea that the market is broadening.

Yahoo Finance Reporter Josh Schafer sits down with Seana Smith and Brad Smith on Morning Brief to break down the latest market moves.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.