An article published by the PANews channel states that divergence in the U.S. equity market is intensifying, with ordinary stocks under pressure, while AI the durability of support from the giants has become a market focus.
Major U.S. stock indices rose, with the Nasdaq up 1.05%to set a record high; meanwhile, market breadth deteriorated, and the 10-year and 30-year U.S. Treasury yields rose to their highest levels since 2002 years ago.
A Morgan Stanley report said that among Russell 3000 constituents, 51%have fallen more than June from their high, sending market breadth to its lowest level since the bursting of the internet bubble. The report said that if Treasury volatility remains elevated, the S&P 20%could pull back by approximately 500 over the next 1 months 6%。