U.S. stocks taking turns to rally, small-cap and healthcare stocks step up The U.S. stock market has been climbing these past two days, but the buying focus has shifted. On Monday, it was mainly large-cap tech stocks rebounding, while on Tuesday, healthcare, financials, and small-cap stocks started catching investors' attention. On Monday, the Nasdaq rose 1.11%, and the S&P 500 gained 0.41%, but 7 out of 11 sectors were actually down. If you look at the equal-weighted S&P ETF, it actually dropped 0.32%. In other words, the big tech companies pulled the index up, but many other stocks didn’t follow suit. By midday Tuesday, the equal-weighted S&P ETF was up about 0.9%, the small-cap ETF rose around 1.6%, the financial sector climbed roughly 1.2%, and the healthcare sector even hit a new all-time high. On the NYSE and Nasdaq, the number of advancing stocks outnumbered decliners by 2.51 times and 2.78 times, respectively. Clearly, more stocks participated in the rally this time. Considering recent market concerns about AI, this seems like investors are starting to spread their money across different stocks. AI companies need to build data centers and buy chips, which requires upfront spending—often through borrowing. Investors are worried about how long these projects will take to complete, when revenue will start coming in, and how much profit will remain after paying interest. Since the returns take time, other industries naturally become part of the comparison. Judging by the past two days, healthcare, financials, and small-cap stocks are starting to attract more buying interest. For the broader U.S. stock market, having more stocks rallying means the major indices can gain broader support from multiple sectors. One @Gate, trade more markets.