SMALL-CAP STOCKS SURGED ON FRIDAY — AND NOW, THEY’VE FINALLY BUSTED OUT OF A RANGE
https://s.yimg.com/ny/api/res/1.2/7FhgH3M.gG_8.P2LccI_Bg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/marketwatch_hosted_869/173b4881d41ad63dece8458fd3d8a5dd
✍️ The article discusses the surge in small-cap stocks following Federal Reserve Chair Jerome Powell's hint of a September rate cut, with the Russell 2000 index surging 4%.
👉 Small-cap stocks surge 4% following Powell's hint of a September rate cut 👉 Russell 2000 index breaks out of a long-held range relative to the S&P 500 👉 Analysts note that the move could be a brief short-covering event or a sign of a broader rotation in the market 👉 Russell 2000 price-to-earnings ratios will be important to watch to gauge when this trade may top out
-- #JeromePowell #LoriCalvasina #KeithLerner #NancyLazar #DonaldTrump #JacksonHole #Wyo #business
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