S&P 500 Market Concentration Triggers Surge in Negative Beta Stocks

CNBC Finance reports that nearly half of the companies within the S&P 500 are currently trading in the opposite direction of the broader index. This unusual divergence stems from a heavy concentration in mega-cap technology names, which allows the benchmark to rise even as a sign

CNBC Finance reports that nearly half of the companies within the S&P 500 are currently trading in the opposite direction of the broader index. This unusual divergence stems from a heavy concentration in mega-cap technology names, which allows the benchmark to rise even as a sign