Equal-Weight S&P 500 Set for a Rare, Weeks-Long Losing Streak
The equal-weight S&P 500 Index is nearing a seventh consecutive week of losses. This potential streak would mark only the third time the index has declined for seven straight weeks in its history.
An equal-weight version of the S&P 500 Index is on track for a seventh consecutive down week. If the weakness lingers through Friday, it would be just the third time the measure has declined for seven weeks in a row ever.
READ NEXT
More on the wire
AI TLDR
The Federal Reserve's internal watchdog cleared former Chair Jerome Powell and other officials of criminal wrongdoing regarding the management of a multimillion-dollar renovation project.
AI TLDR
Defense Secretary Pete Hegseth appointed Elon Musk, Palmer Luckey, and Newt Gingrich to lead 'Project Meridian,' a Pentagon initiative focused on future warfare technology.
AI TLDR
Donald Trump encouraged Hispanic voters to support the GOP in the midterms while acknowledging that current border policies may negatively impact Republican electoral prospects.