Small caps on a roll, cyclicals surging: Market Takeaways

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Russell 2000 News

Jared Blikre,Straight Days

Small caps stocks, which are tracked on the Russell 2000 (^RUT), out performed large cap stocks on the Nasdaq 100 (^NDX) for 5 straight days. Cyclical...

The S and P 500 Dow closed at a fresh record high with small caps shining bright Yahoo Finance's Jared Blick joins us now with the takeaways of the trading day, Jared Josh, small caps are on fire.We have never had that ever.This is uh the Russell 2000 is the NASDAQ 100 over the last five days.This just does not happen that often.So you talk about the S and P 500 versus the 4 495.So small caps.

I wonder you think that's just uh people getting ready for Tim Cook to take the stage in September, unveil shiny new iphone comes back to Steve Jobs.Um The mega caps, you know, they had their day in the sun, but they've fallen off a little bit.All right, we wanna take a look at seasonality, seasonal.Um I've been showing this, this chart.

Cathie Wood says she wouldn't have sold Nvidia stake 'had we known that the market was going to reward it' As revenue slumps from a "challenging advertising environment," Canadian media company Corus Entertainment — which houses brands like Global News and YTV — is "aggressively" cutting costs, continuing layoffs and shutting down parts of its business.

 

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