1. On November 11th, the Nasdaq Composite Index closed up 1.60%, the S&P 500 Index closed up 1.31%, and the Dow Jones Industrial Average closed up 0.49%. The difference between the S&P 500 equal-weighted index and the market capitalization-weighted index narrowed compared to the previous trading day, but remained near the upper limit of its nearly one-year fluctuation range, suggesting that heavyweight stocks outperformed other stocks, but funds were not as concentrated as before.
2. The Russell 2000 Index closed up 0.88%, performing between the three major indices, continuing its rebound from near two-month lows.
Overall, fund concentration has decreased significantly compared to previous months, and market breadth has improved.
