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Heading into Europe's close, we see a moderate rally in US Equities that has been largely disguised by weakness in AAPL-2.98%  which is falling by the most it has in a month. While Equal-weighted S&P 500 did rise to a record high today early in trading before giving back some of these gains, 10 of 11 sectors are higher today on an Equal-weighted basis, with only Technology being dragged down. This Tech weakness isn't as apparent when eyeing RSPT-2.05%  which is just lower by -0.26% but XLK-2.35%  is down -0.67% as AAPL along with SKYW-0.46% , QRVO-1.26%  MU-0.90% , TER-2.30% , and AVGO-2.75%  are all down more than 3%. Thus, Semiconductors are down, but the broader market is acting fine, with Financials, Energy, REITS and Utilities all higher by more than +0.50% and even Healthcare is up by +0.47%. Overall, it's important to recognize that the US stock market is made up by more than just AAPL-2.98% , but Technology's negative performance today is dragging down the major US Benchmark indices like SPX and NASDAQ, while DJIA is positive, DJ Transportation Avg is positive and RSP-1.41%  is higher by over +0.30%.