The U.S. stock market is fracturing into two camps, and it’s leaving investors with a brutal case of whiplash
The U.S. stock market is fracturing into two camps, and it’s leaving investors with a brutal case of whiplash
Market Extra
The market is behaving like a seesaw, with AI stocks on one side and everything else on the other
The artificial-intelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10-year Treasury note just clinched its biggest daily drop since the collapse of Silicon Valley Bank.
All the drama was enough to send the S&P 500 SPX down by more than 1% on Thursday, its worst showing since July. Yet at the same time, more than 300 individual S&P 500 stocks finished higher. Investors haven’t seen such a dramatic divergence between the index and its member stocks since January 2025, according to Dow Jones Market Data.
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