The Nasdaq closed higher Tuesday, while the S&P 500 and Dow declined as investors assessed economic data for the Federal Reserve’s policy outlook. Nonfarm payrolls saw a modest increase, but the unemployment rate rose. Investors are now pricing in significant interest rate cuts for next year.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap