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S&P 500 Index

S&P 500 (blue) versus its equal weighted counterpart (orange)

By brokerpedia
This chart illustrates the divergence between the S&P 500 index, a capitalisation-weighted index, and its equal weighted counterpart. Year-to-date, the performance of the S&P 500 has been largely attributable to seven stocks in the generative AI space, aptly named “The Magnificent Seven”.
Beyond Technical Analysis
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