The Rally Is Broadening. It's Still the Worst November Since 2008 for the S&P 500 and Nasdaq.

Market Performance - The S&P 500 increased by 1.2%, while the Dow rose by 256 points or 0.6%, and the Nasdaq Composite saw a gain of 1.9% [1] - The market is experiencing a rally in riskier stocks, which is beginning to spread into the broader market [1] Market Breadth - Market breadth has turned positive, with 260 S&P 500 stocks now trading higher [2] - The Invesco S&P 500 Equal Weight ETF, which serves as a proxy for market breadth, increased by 0.5% [2] Historical Context - Despite the recent rally, November is noted to be the worst month since 2008 for both the S&P 500 and Nasdaq [1]