Stock Market Breadth Is Great. The Mag 7 Are Dragging.
The stock market was rising on Thursday without help from the Magnificent Seven stocks.
The S&P 500 was up 0.3%; 337 of its member stocks were on the rise. The Invesco S&P 500 Equal Weight ETF, which gives us a look at the index if every stock had the same pull regardless of market cap, was up 0.6%.
The Dow was up 145 points, or 0.4%. The Nasdaq Composite was down 0.2%.
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