S&P 500 breadth reportedly falls to its lowest since the dot-com bubble
A post citing Goldman Sachs says AI stocks are masking weakness across the S&P 500. It says the median index stock trades 16% below its 52-week high.
TLDR
A September 28 post citing Goldman Sachs says S&P 500 market breadth fell to its lowest since the dot-com bubble, while AI stocks masked broader weakness. The post says investor positioning has fallen sharply and Goldman sees potential for lagging stocks to catch up if macro uncertainty eases.
Combined views
223.7K
1 Source, first seen 4h ago