Jurrien Timmer says a sharp split has opened beneath the S&P 500: the index is down 6% from its October high, while AI stocks have fallen more than 30%. Equal-w

Jurrien Timmer says a sharp split has opened beneath the S&P 500: the index is down 6% from its October high, while AI stocks have fallen more than 30%. Equal-weighted S&P is down 1.3% and the S&P 500 ex-AI is up 0.5%, underscoring fierce rotation.