Market breadth was weak on Friday. 8 out of 11 sectors had negative breadth. While SPY was up 0.72%, its equal-weight counterpart, RSP , was down 0.17%. SPX was mainly up due to strength in select Magnificent 7 stocks and industrials, but that may not last much longer.
Published Aug 02, 2026Updated Aug 02, 20262 min read
Market breadth was weak on Friday. 8 out of 11 sectors had negative breadth. While SPY was up 0.72%, its equal-weight counterpart, RSP , was down 0.17%. SPX was mainly up due to strength in select Magnificent 7 stocks and industrials, but that may not last much longer.
