On November 8, 2024, the S&P 500 experienced a significant increase, rising more than 2.5%. However, market participation was notably low, marking one of the worst days for participation despite the index's gains. On the New York Stock Exchange (NYSE), fewer than 70% of issues rose, and less than 70% of trading volume was directed towards advancing stocks. The S&P 500's technology sector reached a new high, surpassing its mid-July peak, but overall market breadth remained weak, with only 74% of tech sector members trading above their 200-day moving average. Additionally, only 27% of S&P 500 members achieved a new 52-week high on Wednesday, although this number dropped to 11% the following day. This week has seen strong performance for the S&P 500, but the ratio of advancing to declining stocks on the NYSE has weakened in recent days.