Advanced ➔ Results Need to KnowThere’s an important market indicator that suggests investors remain wary. It’s good news for stocks.
Sector correlations are way above average as traders await clarification on a number of issuesLast d: June 27, 2025 at 7:37 a. ETFirst Published: June 27, 2025 at 6:36 a.
ETResizeListen(6 min)There’s a signal for Wall Street that’s offering contrarian good news Photo: Getty ImagesIt’s looking very ly that Friday will bring a fresh record high for U.
And yet there are still signs of nervousness.
Nicholas Colas, co-founder of DataTrek Re, a re boutique, looks at intra-market correlations as a gauge of sentiment — and he reckons that indicator suggests traders remain wary.
the Author Jamie ChisholmJamie Chisholm is a reporter based in London. Show Conversation (0)Copyright © 2025 MarketWatch, Inc. All rights reserved.
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