Small stocks are about to take over? Wall Street has heard that before.

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Wall Street خبریں

Smaller Companies

NEW YORK (AP) — Suddenly, smaller stocks seem to be making bigger noise on Wall Street.

After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently. Hopes forSmaller companies, which often carry heavy debt burdens, can feel more relief from lower borrowing costs than huge multinationals. Plus, critics said theThe small stocks in the Russell 2000 index leaped a stunning 11.5% over five days, beginning on July 11. The surge looked even more eye-popping when compared with the tepid gain of 1.

She points to how 60% of the companies in the small-cap index struggle with profitability, in part because private-equity firms have already taken many money-making ones out of the stock market. Smaller stocks also tend to be more dependent on spending by consumers than larger companies, and consumers at theCuts to interest rates do look more likely after Federal Reserve officials talked about the danger of keeping rates too high for too long.

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RENTON, Wash., July 25, 2024 -- First Financial Northwest, Inc. , the holding company for First Financial Northwest Bank , today reported net income of $1.6 million, or $0.17 per diluted share, for the quarter ended June 30, 2024, compared to a net loss of $1.1 million, or $ per diluted share, for the quarter ended March 31, 2024, and net income of $1.5 million, or $0.16 per diluted share, for the quarter ended June 30, 2023.

 

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