The stocks that drove the 2023 market rally aren't moving in unison anymore, which could prevent rally in the major indexes to end the year.
tech giants that have led the 2023 stock market rally saw their fortunes diverge in October as earnings, industry narratives, and investor fatigue worked through this group of leaders.
Index investors are "going to feel" the divergence of the Magnificent Seven as their outsized weighting in the S&P 500 can direct the index's movement, Charles Schwab chief markets strategist Liz Ann Sonders told Yahoo Finance."If you start to see better breadth , I would view that as a positive," Sonders said in an interview on Tuesday.
Bill Gates' former assistant is the world's 5th-richest person — and he's close to overtaking the Microsoft cofounder Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses to transfer dollars or euros abroad.3 Cheap Stocks With at Least 7% Dividend Yields to Buy Right Now
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