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Market Impact: 0.35
As the Rotation Dies, Wall Street Is Blaming the Wrong Flaw in Small Caps
Source: benzinga.com
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Equity-market breadth has deteriorated again after a temporary broadening in the second quarter, leaving index performance concentrated in a narrow group of technology giants. Rising energy prices and tighter financial conditions are cited as reversing broader market participation, increasing concentration risk and creating a more cautious backdrop for equities.
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