S&P 500 sector correlations are low, a welcome sign for 2023 bull market, says DataTrek
U.S. stocks remain in a strong bull market despite recent choppiness, as the correlations between 11 S&P 500 sectors and the major index are sending some positive signs, according to DataTrek Research. The S&P 500’s sector correlations to the large-cap index have been below the average since mid-April, which means investors are more focused on …
S&P 500 sector correlations are low, a welcome sign for 2023 bull market, says DataTrek Read More »