Approaching a new historical low, the breadth of US stocks is collapsing
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币界网报道：The S&P 500 hit a new high of 6,000 points, but the market breadth hit a record low, with only 22 constituent stocks reaching all-time highs, far below the level of previous bull markets. Goldman Sachs warned that this was the most concentrated rise in the past few decades, with the top ten companies accounting for 38% of the S&P 500 market value and 30% of profits. Analysts expect the increase to slow to 5% in the next 12 months, and the market may pull back after peaking in mid-July.
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