AI stocks lead S&P 500 gains while broader market stays flat, Andreas Steno Larsen notes

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08.06.2026

AI stocks lead S&P 500 gains while broader market stays flat, Andreas Steno Larsen notes — AI stocks power S&P 500 rally

Andreas Steno Larsen, founder & CEO, notes that since the war began on February 27, the S&P 500 Index has risen 7.34%, primarily due to gains from AI stocks. Excluding these AI stocks, the index remains nearly unchanged, underscoring the key role of the AI sector in recent market performance.

Steno Larsen also draws attention to significant market activity observed on Friday, June 5.

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Earlier this year, Steno Larsen reported that AI-related stocks reached a record share of the S&P 500. He has previously highlighted that Wall Street often treats structural problems as liquidity issues during crises. These observations add context to recent index performance and market reactions.

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