There's an Ominous Divergence In the Stock Market

There's an Ominous Divergence In the Stock Market

At first glance, the stock market in 2016 is nothing like it was last year, when winners kept winning and gains seemed to be concentrated in a handful of stocks.

Nowadays leadership bounces around. Since January, the S&P 500 Index’s strongest group has shifted among utilities, energy producers and technology companies, as investors swapped defensive shares for those that respond to economic growth.

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