✉news BusinessMarkets first seen 2 d ago, last 1 d ago, peak #3
Wall Street's rally is narrow as 4 in 10 S&P stocks fall
Original: Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year
Wall Street's strong 2025 rally is masking a weak market underneath: while major indexes have climbed, roughly 4 in 10 companies in the S&P 500 are trading lower this year. Gains have been driven by a small group of large stocks, largely tied to enthusiasm around artificial intelligence, leaving most other shares behind and raising questions about the rally's durability.
Why now: Investors are debating whether a market rally concentrated in a handful of mega-cap stocks can be sustained.
Evidence
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