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Market Impact: 0.7

Fiera Capital Global Asset Allocation

Geopolitics & WarArtificial IntelligenceMarket Technicals & Flows
Fiera Capital Global Asset Allocation

In June, the S&P 500 fell 1.1% as geopolitical developments and shifting AI trends weighed on risk appetite. The drawdown spread into the Magnificent Seven, with those stocks down 8.8%, underscoring a broad tech-led deterioration rather than a narrow sell-off.

Analysis

In June, the S&P 500 fell 1.1% as geopolitical developments and shifting AI trends weighed on risk appetite. The drawdown spread into the Magnificent Seven, with those stocks down 8.8%, underscoring a broad tech-led deterioration rather than a narrow sell-off.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.55