Wednesday, November 13, 2024

The Stars Align for Small Stocks ✨

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AN OXFORD CLUB PUBLICATION

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The Stars Align for Small and Microcap Stocks

Matt Benjamin, Senior Markets Expert, The Oxford Club

Matt Benjamin

All the major U.S. stock indexes rose last week in the wake of Donald Trump's election victory.

President-elect Trump's promises of lower corporate taxes, deregulation, and a generally more pro-business environment sent the Dow Jones Industrial Average 5.6% higher, the S&P 500 up 4.7%, and the Nasdaq Composite 5.7% above the pre-election level.

But the Russell 200 index of small cap firms crushed them all. It soared 8.6% in just a few days.

That outperformance continued into this week, as this chart shows...

View the Chart Here
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