Is the rotation into the broader market over? AI/chip stocks and most of the Magnificent 7 showed strength today, while health care also saw positive breadth. The remaining eight sectors had either negative or flat breadth. Notably, the S&P 500, mid-caps, and small-caps all had negative breadth.
Published Jun 29, 2026Updated Jun 29, 20262 min read
Is the rotation into the broader market over? AI/chip stocks and most of the Magnificent 7 showed strength today, while health care also saw positive breadth. The remaining eight sectors had either negative or flat breadth. Notably, the S&P 500, mid-caps, and small-caps all had negative breadth.
