February 2026 Review and Outlook
Executive Summary  U.S. equities deliver mixed headline performance amid significant internal rotation Market leadership broadens as equal‑weight, mid‑cap, and value exposures outperform Market breadth improves with seven of 11 large cap sectors within 0.5% of their respective 52-week highs Mega‑cap growth and AI‑adjacent software weigh on cap‑weighted indices Treasury yields decline meaningfully, led by the long end Energy…

