Oppenheimer views last week's rally in small cap stock as a potential catalyst for the wider market and its future returns. "While small-cap returns have been marginally higher following this signal, the S & P 500 currently exhibits a stronger relative trend and a higher weighting toward this cycle's leadership," said chief market technician Ari Wald in a note to clients on Saturday.
RUT YTD mountain Performance in 2024 The comments from Wald came on the heels of last week's 6% surge in the Russell 2000 index of small caps. The iShares Russell 2000 ETF added as much as another 1.6% early in Monday's session. Many on Wall Street have come to view the small-cap trade as a potential winning strategy this year. The sector tends to perform well during presidential election cycles.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »