S&P 500 breadth falls: 42.34% above 50-day average
Only 42.34% of S&P 500 stocks were trading above their 50-day moving average as of Sept. 8, per Barchart data shared on X. The measure was the weakest in five months.
34% of S&P 500 stocks trading above their 50-day moving average as of Sept. 8, according to data shared by Barchart. Barchart said in a post on X that the reading was the weakest market breadth in five months. The measure had fallen sharply from l…