Small-cap stocks꧟ rose broadly W💝ednesday, 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官方开奖结果体彩网:gains seen in the S&P 500, Dow and Nasdaq. Several Russellও companies posted large gains, with roughly a dozen recently up about 20% or more.
Both the Russell and benchmark S&P are up this year, but today’s move narrows the S&P’s outperformance. It also has the Russell at year-to-date highs — and levels last seen𓄧 in lat👍e 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官方开奖结果体彩网:cut rates again on Thursday; lower interest rates are generally under🔴stood to benefit companies that, like small caps, often 𒅌carry more debt.
Some analys🎃ts have also speculated that a Republican win could mean lower corporate tax rates that might particularly benefit smaller firms.