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The U.S. stock market rally this year is so narrow that the S&P 500 index's gains have been entirely driven by just a handful of stocks, which are now significantly more expensive than more than... | May 11, 2023
The U.S. stock market rally this year is so narrow that the S&P 500 index's gains have been entirely driven by just a handful of stocks, which are now significantly more expensive than more than 95% of the broader market.
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The calm that has prevailed in the U.S. equity market may be starting to snap, as a range of worries bolster the case for investors looking to take profits on a rally that has seen the S&P 500 gain more than 7% this year.
Though stocks remain near their 2023 highs, some investors now believe those factors will soon start taking a greater toll, limiting further upside
The calm that has prevailed in the U.S. equity market may be starting to snap, as a range of worries bolster the case for investors looking to take profits on a rally that has seen the S&P 500... | May 3, 2023