Small cap stocks lag as elevated interest rates persist amid inflation battles; US Federal Reserve's monetary policy uncertain.
Wall Street Week Ahead: Small cap stocks continue to struggle as elevated interest rates persist amid inflation battles; US Federal Reserve's monetary policy decisions remain uncertain. Small cap stocks lag broader markets, with the Russell 2000 up just 0.4% YTD compared to the S&P 500's 7.5% gain. Inflation concerns have diminished hopes for interest rate cuts this year, and small companies, heavily reliant on debt financing and consumer spending, suffer as a result.
May 05, 2024
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