Why the S&P 500 is rising as 89 stocks fall at least 30% – Mark Lister

Opinion byRotorua Daily Post·9 Aug, 2026 04:00 PM4 mins to readMark Lister is investment director at Craigs Investment Partners‌At the end of last month, almost a third of the companies in the S&P 500 were 20% below their 52-week highs. Photo / 123RFIf you’ve only glanced at the S&P 500 index in the US these past few months, you might conclude it’s been a relatively quiet period.The market is up around 11% this year, just slightly below its all-time high.Nothing to see here. Look under the hood, however, and it’s