Market Breadth Is Better Than It Looks

Of the stocks in the S&P 500, only 129 were falling on Wednesday. The Invesco S&P 500 Equal Weight ETF, a proxy for market breadth since it counts every stock in the index the same, was up 0.4%. The Dow was up 174 points, or 0.4%, with only eight of its 30 stocks down on the day.