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Dec 05 2025

Other Market Undercurrents

  • Dec 5, 2025

Five of the Magnificent Seven firms ended November in the red. Despite that turbulence at the top, the S&P 500 still managed to eke out a gain for the seventh-consecutive month. The valiant November effort from the index’s 2025 underdogs—Value, High Dividend, Low Volatility, and Equal Weight—won’t change much in the final assessment of the year.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

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