2024: S&P 500 up 17%, small-caps Russell 2000 only 0.4% amidst high US interest rates.
2024 Bull Market Boosts S&P 500, Ignores US Small Caps: The S&P 500 has risen 17% this year, while the small-cap Russell 2000 has only increased 0.4%. High US interest rates, at 22-year highs, are a key factor behind the gap, as smaller firms typically borrow more and are thus more affected by rates. However, a potential Federal Reserve interest rate cut could benefit small cap equities.
July 11, 2024
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