Business · Markets · 5 hrs ago

Strategist says a broad S&P 500 position can weather shifting market leadership

Strategist says a broad S&P 500 position can weather shifting market leadership

The S&P 500, a major US stock market index, is near record highs.

Art Hogan, chief market strategist at B. Riley Wealth, says market leadership is shifting between sectors.

Sector rotation means investors are moving money from some parts of the market to others.

Hogan argues that these shifts can create new buying opportunities.

He says a broad investment in the S&P 500 can ride the changing leadership cycle.

The view is that investors need not rely on one sector to lead.

No specific next step or forecast is given.

Sources

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