High Beta SPHB Continues Rally, Outpaced S&P 500 in July
August 01, 2023 at 14:33 PM EDT
High beta sustained its rally and handily outpaced the S&P 500 in July, underscoring the continued risk-on sentiment in the market. U.S. stocks rallied in July, as Wall Street celebrated rosy earnings and upbeat macroeconomic updates, including softening inflation and better-than-expected second-quarter GDP. The S&P 500 climbed 3% during the month, while the S&P 500 [...] The post High Beta SPHB Continues Rally, Outpaced S&P 500 in July appeared first on ETF Trends .
