‼️ HUGE: A record number of S&P 500 stocks are moving AGAINST the index, according to a reported Evercore tally.

These stocks have negative beta, meaning their returns have moved opposite to the broader index over the period measured.

With larger companies carrying more weight, a handful of giants can lift the S&P 500 while many other stocks struggle, masking a deeply divided market beneath the headline numbers.

The divergence shows how little the index can reveal about individual portfolios.