What is driving the market this year? There has been a lot of positives despite more negative noise (depending on your sources). There has been a lot of talk about how these 7 companies are driving the market while the other 493 are lagging.
However, if we take a closer look 90 S&P 500 stocks hit 52-week highs in May, from various sectors as shown in the bar chart. This has been a good sign historically for the overall market.
As always, past performance doesn't predict future performance, these charts are for information purposes only and in no way recommendations one way or the other.
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