U.S. stocks recently broadened their rally, with a majority of the S&P 500’s sectors closing at 52-week peaks at the same time, according to Bespoke Investment Group.
“Yesterday, six of the eleven S&P 500 sectors traded at 52-week highs,” Bespoke said in a note emailed Wednesday. ”That is the highest share of sectors simultaneously hitting 52-week highs since May 2021.”
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