Stock Market Update
07-Nov-25 11:25 ET
Equal-weighted S&P 500 holding up much better today
Dow -294.79
at 46617.30,
Nasdaq -392.34
at 22661.67,
S&P -67.04
at 6653.27
[BRIEFING.COM] Buy-the-dip conviction has been lacking, as the major indices continue to leak oil from their main engine: the mega-cap stocks. The Vanguard Mega-Cap Growth ETF (MGK) is down 1.7% (it had been down 1.9%).
Those troubles aside, the market, overall, isn't faring so poorly. The equal-weighted S&P 500 is down just 0.1% versus the 1.0% decline for the market cap-weighted S&P 500.
Growth stocks, high-beta stocks, and the like, such as micro-cap stocks, are where the selling is concentrated today. The S&P MidCap 400 Index, for instance, is down but is quietly going about its business with a more modest 0.3% decline.
Similarly, the value factor is holding up well versus the growth factor. The Russell 3000 Value Index is down 0.3% versus a 1.6% decline for the Russell 3000 Growth Index.
