The S&P 500 is caught in an extremely narrow trading range. What’s happening beneath the surface could decide where the index goes next.

Software stocks have sunk. Defensive names, including consumer-staples stocks like Walmart and Costco, have rallied. Yet, despite all of the chaotic moves seen in the U.S. equity market over the past few months, the S&P 500 has remained remarkably steady.

🔗 Read more: https://www.marketwatch.com/story/the-s-p-500-is-caught-in-an-extremely-narrow-trading-range-whats-happening-beneath-the-surface-could-decide-where-the-index-goes-next-5222b2ad?mod=mw_rss_topstories

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