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More than 350 stocks outperformed the S&P 500 during the past week, with the average stock gaining over 1% compared to the index’s 0.47% decline. Ryan Detrick, chief market strategist at Carson Group, reported that technology and communication services stocks continued to lag despite these broader gains.
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Earlier this week, Ryan Detrick highlighted that the S&P 500 registered just one new low for the second consecutive day. He also reported that the index gained about 18% since March 30, 2026, after a typical post-midterm year pattern. These updates come as traders assess sector rotation amid recent index declines.