Wall Street's September Confidence Boost: Broader Market Rally

Wall Street gets a confidence boost! September usually spells trouble for stocks, but a surge in broad market participation, with 64% of Russell 3000 stocks above their 200-day moving average, is easing fears of a tech-bubble repeat. While the S&P 500 has outperformed its equal-weighted version, suggesting caution, the current breadth of winning stocks is giving investors much-needed optimism. Hosted on Acast. See acast.com/privacy for more information.