Market Rotation Gains Momentum as Small Caps and Cyclical Stocks Lead

The U.S. stock market's rally is broadening beyond Big Tech, with cyclicals and small caps gaining, indicating a healthier market. Consumer stocks, despite a weak first half, show signs of potential rebound due to improved consumer sentiment and economic indicators, though concerns about trade policies and sector valuations remain. Overall, the market appears to be entering a more diversified and resilient phase as we move into the second half of 2025.