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S&P 500 leadership narrows to eight names as equal-weight lags again

The index is a handful of cash-flow machines plus a long tail of companies that still need a cut cycle.

Elena VasquezSenior Markets Correspondent
Stock market data on a digital display

Stock market data on a digital display

NEW YORK — The index is a handful of cash-flow machines plus a long tail of companies that still need a cut cycle.

Equal-weight underperformance is back to a range that usually forces a rotation speech. The rotation has not arrived. The speeches have.

Elena Vasquez

Senior Markets Correspondent

Covers Treasuries, the dollar, and the policy signals that reprice risk assets.