S&P 500 Breadth at Dot-Com Era Low, Goldman Sachs Reports

By EC Assets · Published 28 September 2026

The S&P 500's market breadth has reached its lowest level since the dot-com bubble, Sachs. This metric points to an unusual combination of strong headline performance in the U.S. stock market alongside weak investor conviction. Such conditions create potential for further gains. They may also lead to a catch-up rally among some segments of the market. Goldman Sachs reports that this market breadth signal points to ominous risks ahead. The metric has not been this concerning since the dot-com bubble period. Market strategists at Goldman Sachs also examined the impact of potential restrictions on U.S. diesel exports. Such restrictions could add $0.30 per gallon to domestic retail gasoline prices. This article is intended for informational purposes only. It does not constitute investment advice.