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The stock market is trading at a record, but a look under the hood shows some troubling signs

October 4, 2018

Via: CNBC
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Stocks may be trading at record highs, but the market looks far more fragile under the surface.

Among the signals: More stocks declining than rising, a greater number of 52-week lows than highs, and a drop in small-cap stocks.

Despite all this, the Dow Jones Industrial Average hit an all-time high on Wednesday and the S&P 500 traded near a record set on Sept. 21, suggesting the recent run-up is being led by just a few stocks.

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