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S&P 500’s signal is less useful as broad market health benchmark
MarketWatch argues the S&P 500, long treated as the main benchmark for tracking the U.S. stock market, is now providing a distorted read on overall market health.
The outlet says the index is behaving less like a reliable barometer of broad performance and more like a funhouse mirror, implying investors should be cautious about using it as their sole gauge.
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