Stephanie Link: Market indexes diverge with DJIA near record peak

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08.07.2026

Stephanie Link: Market indexes diverge with DJIA near record peak — DJIA near high as other indexes trail

Stephanie Link, managing director and portfolio manager at Hightower Advisors, observes divergent performance among key market indexes.

She points out that SPY is 1.5% below its all-time high, while QQQ is off by 5%, SMH by 15%, and KOSPI by 23%. In contrast, DJIA remains close to its all-time high.

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Link has recently commented on corporate strategies in related sectors. She noted that WMB is pursuing a \$5.5 billion deal to strengthen its LNG capabilities. In a separate note, Link outlined SLB’s digital strategy and management’s growth targets through 2030.

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