S&P 500 Gets Mag 7 Lift Despite Tariffs. Tech Drives Nasdaq Gains.
Stocks closed higher in a quiet trading session as investors braced for pivotal updates on tariffs and inflation and congressional testimony by Fed Chair Jerome Powell this week. The S&P 500 was up 0.
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Equal-Weight RSP Outperforms S 500 as Mag 7 Falters
The Mag 7 look more like the “Lag 7” in 2025, as the Invesco S&P 500 Equal Weight ETF (RSP) has outperformed the traditional market-capitalization-weighted S&P 500 index, as mega-cap tech ...