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At close · Fri, Jul 31, 2026
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HomeUS MarketsIndicesEqual-weighted S&P 500 outperformed Nasdaq-100 in July…

Equal-weighted S&P 500 outperformed Nasdaq-100 in July amid tech selloff

The July results showed a rotation away from technology into a more spread-out index profile as chip and AI trade volatility hit growth stocks.

MarketWatch reports that in July, the equal-weighted S&P 500 outperformed the Nasdaq-100, a shift that highlighted weakness in technology stocks during the month.

The outlet attributes the underperformance of the Nasdaq-100 to a selloff tied to chip and AI trade volatility, arguing that the market’s behavior around that trade could continue into August.

MarketWatch frames the key question for investors as whether the volatility seen in tech and semiconductors during July will persist as the month turns.

The comparison underscores that index construction matters, with equal-weighted performance reflecting a broader distribution of returns beyond the Nasdaq-100’s heavy technology tilt.

Latest closeS&P 500 7,489.72 ▲0.7%|Nasdaq Comp. 25,373.85 ▲1.0%

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