Fed Rate Cut Assurance, Republican Sweep Odds Propel Rotation From Tech To Small Caps: Analysts Weigh In

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Chart: Small Caps Posted Largest 2-Week Rally Versus Tech In Over 2 Decades Analyst Remarks

Goldman Sachs analyst Andrea Ferrario credits this rotation to declining Treasury yields, driven by softer U.S.

In the week ending July 18, the Russell 2000 index — as tracked by the iShares Russell 2000 ETF (NYSE:IWM) — showcased its highest two-week outperformance relative to the Nasdaq 100 index since May 2002.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United States

Topics: ETFs Broad U.S. Equity ETFs Analyst Color Small Cap Top Stories Equities Economics IWM Tech Stories That Matter US4642876555 Macro Economic Events Benzinga Expert Ideas Econ #s

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 17:03:44 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21753913

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