Health Care, Materials Lead The Way In Small And Midcaps RallyVW Staff
Last week, small and Midcaps stocks compensated for losses in the previous week, with the Russell 2000 (INDEXRUSSELL:RUT) index surging +4.0%, the Russell Midcap (INDEXRUSSELL:RMCC) up 3.4% and the Russell 2500 (INDEXRUSSELL:R25I) gaining +3.8%. Comparatively, the SPX rose 3.2%.
The star sector performers were Health Care and Materials, while Consumer Staples, Consumer Discretionary and Energy were the laggards, according to the weekly SMID Cap “Rap” research note from Citi analysts Scott T Chronert and Louis L Odette.
Small . . .
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