Reported 1 day ago
Bank of America highlights the importance of small-cap stocks as a key indicator for the overall stock market this year, suggesting that while President-elect Donald Trump's policies might support the market, concerns over high interest rates and concentration in a few stocks could limit gains. Investment strategist Michael Hartnett emphasizes that a sustained bull rally depends on small-cap stocks breaking above a critical resistance level established in 2021. If they fail to do so, it may signal broader market weakness.
Source: YAHOO