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EconomyWall Street’s big but narrow rally: 4 in 10 S&P stocks are down this year

The S&P 500 has gained 14% this year and reached record highs, but more than 4 in 10 index stocks are lower in 2026. Gains have been concentrated in a handful of chipmakers and other AI-related heavyweights.

stock marketS&P 500artificial intelligencechipmakers

RReuters★★☆☆☆2026-10-12 11:35Original

Wall Street’s big but narrow rally: 4 in 10 S&P stocks are down this year
Wall Street’s big but narrow rally: 4 in 10 S&P stocks are down this yearEconomy