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S&P 500 rose 0.89% despite more stocks declining than advancing on Tuesday.

Market News
23 Jul 2026
Seeking Alpha
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Neutral
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The S&P 500 index increased by 0.89% on Tuesday, but this gain was not broadly supported across the market. More than half of the sectors had positive price movements, yet the overall breadth showed more stocks declining than advancing, with a net breadth of -41. This divergence between price gains and market breadth is rare, having occurred only 13 times since 1990. Such a pattern suggests cautious investor sentiment despite the index's rise.

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