Tech Scarcity Keeps S&P 600 from Capturing AI Momentum
According to S&P Dow Jones Indices, market breadth has declined in the U.S. in recent months. This has caused small caps to lag large caps. Small-cap stocks had another weak session on October 7. As a result, the large-cap S&P 500 (up 15.0%) was ahead of the S&P SmallCap 600 (up 14.9%) year to date