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Seven months into 2024, it has still been a good year for the stock market, but the sands shifted under investors’ feet during July, as a “Great Rotation” began.
On Wednesday, MarketWatch’s Joseph Adinolfi summed up the July stock-market action, explaining how the expectation of a change in Federal Reserve policy helped push investors away from the largest technology stocks. He also discussed
how likely the rally for value stocks and small-cap stocks was to continue.