S&P 500 Drops 2.6%, Worst Day Since October
The S&P 500 fell 2.6% on June 5, its worst day since October 2025, driven by a stronger-than-expected jobs report and rising bond yields that pressured large-cap tech stocks. While cap-weighted ETFs like SPY and VOO were heavily impacted due to their concentration in big-name tech companies, the equal-weight S&P 500 ETF (RSP) saw minimal losses.
Topics: equal-weight ETFs ETF performance market cap weighting S&P 500