The U.S. stock market’s summer rally has faded away in the past few months as rising Treasury yields pushed down large-cap stocks — but their smaller counterparts have suffered far worse.
Both the Russell 2000 and S&P Small Cap 600 index SML Monday hit their lowest levels since September 30, 2022. In contrast, the large-cap benchmark S&P 500 finished 15.6% above its 52-week low of 3,647.42 on Monday, according to FactSet data. Meanwhile, large-caps have a much higher weighting in technology stocks, which have driven almost all of the gains in the U.S. stock market this year. However, the large-cap index has a “notably lower weighting” in financials, which has underperformed the overall market in 2023 as higher interest rates have introduced significant stress into the U.S. banking system, Colas said.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stock futures inch higher as investors await tech earnings: Live updatesMicrosoft and Alphabet are on deck to report Tuesday afternoon.
اقرأ أكثر »
Stock futures inch higher as investors await tech earnings: Live updatesMicrosoft and Alphabet are on deck to report Tuesday afternoon.
اقرأ أكثر »
3M Earnings Are Coming. There Is a Lot to Discuss.Investors have reacted to 3M's flurry of announcements by essentially avoiding the stock.
اقرأ أكثر »
Jim Cramer urges patience before buying stocks this week. Here's why.CNBC’s Jim Cramer said investors shouldn’t read too much into Monday’s stock moves.
اقرأ أكثر »
Jim Cramer urges patience before buying stocks this week. Here's why.CNBC’s Jim Cramer said investors shouldn’t read too much into Monday’s stock moves.
اقرأ أكثر »