Business · Markets · 11 hrs ago

Four in 10 S&P stocks are down this year despite Wall Street rally

Four in 10 S&P stocks are down this year despite Wall Street rally

Wall Street has rallied, but many stocks have not risen with it.

Four in 10 stocks in the S&P 500 are down this year.

The S&P 500 is a stock index, so its overall rise can hide different results among the companies it includes.

This means the rally has been narrow rather than shared broadly across its stocks.

The gap matters because the index's headline performance does not reflect how every company, or investor, has fared.

No next step is given.

Sources

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