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S&P 500's $18 Trillion Rally Is 'Broadening Out'
News July 16, 2024 at 04:26 PM
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What You Need To Know
- Wall Street extended a pattern of money rotating into small caps and out of the megacap "safety" since last week's soft inflation data.
- The S&P 500 topped 5,660, set for its 38th record this year.
- The relative performance of the Nasdaq versus the Russell 2000 has been on a wild ride since 2020.
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