Small-cap stocks rose broadly Wednesday, outperforming the leading market indexes in the🥂 wake of Donald Trump’s victory in the presidential election.
The Russell 2000 (RUT) index of smaller companies was recently up more than 4%, outpacing 澳洲幸运5开奖号码历史查询:gains seen in the S&P 500, Dow and Nasdaq. Several Russell companies posted large gains, with 𓆏roughly a dozen recently up about 20% or more.
Both the Russell and benchmark S&P are up this year, but today’s mo𝕴ve narrows the S&P’s outperformance. It also has the Rus𒉰sell at year-to-date highs — and levels last seen in late 2021.
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The economic environment is generally seen as favorable to smaller companies, which are more sensitive to broader conditions. The Federal Reserve is also expected to 澳洲幸运5开奖号码历史查询:cut rates again on Thursday; lower interest rates are generally understood to benefit companies that, like small caps, often carry more debt.&n🎃bsp;
Some analysts have als🦹o speculated that a Republican win could mean lower corporate tax rates that might particularly benefit smaller firms.