Markets (^DJI,^GSPC, ^IXIC) pulled back in Friday trading, burdened by declines in chip stocks and investor rotations out of Big Tech into small-cap stocks, like the Russell 2000 (^RUT) index. With the Federal Reserve eyeing its first interest rate cut in September, small-cap stocks could continue to rally as market participation broadens out. Meanwhile, copper prices (HG=F) have been crashing, reacting negatively to the most recent and favorable economic news.
Yahoo Finance markets and data editor Jared Blikre joins Asking for a Trend to break down the top market trends of the day.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Melanie Riehl
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Source Link: https://finance.yahoo.com/video/market-rotation-interest-rates-copper-220228808.html
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Markets (^DJI,^GSPC, ^IXIC) pulled backwards in weekday trading, laden by declines in defect stocks and investor rotations discover of Big Tech into small-cap stocks, same the writer 2000 (^RUT) index. With the agent Reserve eyeing its prototypal welfare evaluate revilement in September, small-cap stocks could move to feat as mart status broadens out. Meanwhile, conductor …
