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S&P 500 breadth reportedly falls to its lowest level since the dot-com bubble
A post citing Goldman Sachs says AI stocks are masking weakness beneath the index. It puts the median S&P 500 stock 16% below its 52-week high.
TLDR
A post citing Goldman Sachs says S&P 500 market breadth has fallen to its lowest level since the dot-com bubble, while investor positioning has fallen sharply. The post says Goldman sees potential for lagging stocks to catch up if macro uncertainty eases.
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