US stocks hover near record high as rally rests on a narrow group of companies

By Crosswire News · AI-assisted summary of reporting by the outlets linked below

MarketsNew York Post · Washington Times

Photo: Washington Times

Wall Street started a busy week with mixed trading on Monday, keeping the market close to its all-time high. Another report notes a wide gap between the benchmark and its average member: about four in ten S&P stocks are down this year. That suggests the rally depends on a handful of companies as the bull market nears its four-year anniversary.

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