Magnificent Seven Correlations Fall to a More Than Decade Low

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The glory days of the “Magnificent Seven” as a unified stock market powerhouse are over. The group that in previous years carried all of Wall Street on its shoulders has split, and the correlation between the stocks is now the lowest in more than a decade, writes CNBC.

SpaceMoney

Factuality

Ownership

According to the CNBC, correlation between the actions of the Seven Magnificent fell to the lowest level in more than a decade and requires choice between roles