Inside The S&P 500's June Swoon And AI Boom, July Fireworks Possible

In June, U.S. large caps cooled as the S&P 500 ETF fell 1% amid selling pressure in the Mag 7. By contrast, SMID caps outperformed, with the Russell 2000 ETF rising 3%, while Health Care and Industrials led sector gains.

Analysis

In June, U.S. large caps cooled as the S&P 500 ETF fell 1% amid selling pressure in the Mag 7. By contrast, SMID caps outperformed, with the Russell 2000 ETF rising 3%, while Health Care and Industrials led sector gains.