The Russell 2000 (^RUT), an index tracking small caps, broke its 5-day positive streak on Wednesday. While there are signs of a rotation out of Big Tech into...
), an index tracking small caps, broke its 5-day positive streak on Wednesday. While there are signs of a rotation out of Big Tech into small caps, plenty of strategists are still skeptical about their performance.The recent run up fueled by optimism around imminent interest rate cuts, but there's still skepticism surrounding small caps and their profit margins.
He also talked about profit margins for the Russell 2000 and you see her a 10 year chart of those profit margins as he pointed out, they've kind of been trending downward as of late and not only that he says the 10 year average, he said is unremarkable.And so you see this is the 10 year average and indeed, we're sort of bumping along those levels right now.
NEW YORK -Global equity indexes mostly fell on Wednesday as possible U.S. trade curbs on chip equipment pulled tech stocks lower, while Treasury yields and the dollar both hit four-month lows as Federal Reserve officials indicated the central bank was getting closer to cutting interest rates. The Japanese yen rose sharply, in a move suspected to be the result of the latest in a series of interventions from Tokyo to boost the long-depressed currency. A U.S.
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