S&P 500 Equal-Weight Index Outperforms as Rotation from Tech Stocks Intensifies
The S&P 500 fell this week due to struggles in top tech stocks, while the equal-weighted version of the index rose by 1.6%. This marked its strongest weekly performance since June 2020 and highlighted a shift as investors rotated money into underperforming names.
Tickers: $SPGI
Topics: Big Tech stocks equal-weighted index market rotation S&P 500