U.S. consumer discretionary sector is weak, leading companies under pressure, dragging down market performance
After the U.S. stock market closed on May 13, 2026, the market showed a distinct pattern of divergence: both the S&P 500 and the Nasdaq hit new all-time highs, the Russell 2000 small-cap index has risen more than 15% so far this year, and the tech-led structural bull market is in full swing.
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