U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republican ...
NEW YORK - U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republican presidential candidate Donald Trump , a proponent of policies seen as benefiting smaller domestic companies.
The outlook shifted last week, when a softer-than-expected inflation reading boosted expectations the Federal Reserve will cut rates in coming months, a potential boon to smaller companies suffering from elevated borrowing costs. The Russell 2000 last had a total market value of $2.7 trillion, according to LSEG data. That's smaller than the individual market values of three stocks, Microsoft, Apple and Nvidia, with market caps each over $2.9 trillion.
Retail investors are buying as well. Analysts at Vanda Research said inflows into small caps sparked a “short squeeze,” when a rising price forces bearish investors to unwind bets against a stock, driving it even higher.
Russell 2000 North Star Investment Management Corp Smaller Companies Interest Rate Cuts Small Caps
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