U.S. Stock Market Narrows Losses as Breadth Improves
After a stretch of selling pressure on Wall Street, major U.S. stock indexes recently cut earlier losses and showed market breadth improvement, with more stocks rising than falling despite headline declines in major averages. According to AP reporting, while the S&P 500, Dow Jones and Nasdaq were down, the broader market saw smaller caps and defensive sectors outperform as investors rotated away from weak bank and tech earnings. Growth concerns and earnings jitters had weighed on sentiment, but dip-buying activity and sector diversification helped stem deeper losses. Treasury yields also fell, which eased some pressure on equities and supported reduced downside. This narrowing of losses suggests traders are adjusting to mixed macro data and looking for stabilization opportunities amid ongoing geopolitical and economic uncertainty.