S&P 500 Shows Minimal Year-to-Date Decline Amid Significant Stock Rotation

The S&P 500 has experienced a slight decline of 0.03% year-to-date, despite significant stock rotation within the index. Bespoke Investment Group posted on X that over 100 stocks have seen movements of 20% or more, either up or down. Meanwhile, the equal-weight S&P 500 has risen by 5.5%, highlighting one of the largest disparities in performance compared to the cap-weighted index since 1990.