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America’s favorite index is misleading investors about the state of the stock market

For decades, the S&P 500 has been the preferred benchmark for monitoring the performance of the U.S. stock market. But these days, it is behaving less like a barometer of broad market health and more like a funhouse mirror.

America’s favorite index is misleading investors about the state of the stock market

Published October 6, 2026 · Category: Finance

Overview

For decades, the S&P 500 has been the preferred benchmark for monitoring the performance of the U.S. stock market. But these days, it is behaving less like a barometer of broad market health and more like a funhouse mirror.

Source

Originally published at www.marketwatch.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.