Stocks traded sideways on Tuesday, but the Magnificent Seven stocks continued to perform well. The group of megacap stocks lifted the market to fresh highs, buoying major indexes. Roundhill Magnificent Seven ETF was up 0.4%, with Tesla and Amazon.com up 1.7%, Apple up 1.2%, and Meta Platforms up 0.5%. Alphabet, Microsoft, and Nvidia were down but none more than 1%.
Read more at Barron’s: Magnificent Seven Stocks Keep Rolling. Overall Market Breadth Is Bad.
