Wall Street’s main indexes closed higher on Tuesday, led by gains in megacap and growth stocks, marking the start of the Santa Claus rally. All 11 sectors in the S&P 500 ended positively, with technology and consumer discretionary stocks leading the way. Broadcom and Nvidia also saw gains.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.