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...The small-cap focused Russell 2000 lost 0.7 per cent. The moves follow Federal Reserve chair Jay Powell saying on Tuesday that the fight against inflation will take “longer than expected”....
...The blue-chip S&P 500 was up 0.5 per cent in mid-afternoon trade, while the tech-heavy Nasdaq Composite was up 0.7 per cent....
...Fed chair Jay Powell last week left rates unchanged and signalled a preference to cut by three-quarters of a percentage point this year, pushing the Russell 2000 up by a percentage point more than the S&...
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The small-cap focused Russell 2000 rose 0.5 per cent. Treasuries rallied, with the yield on the two-year note down 0.03 percentage points to 4.67 per cent....
...Thursday’s small gain left the S&P 500 up 10.2 per cent this year, while the Nasdaq Composite has added 9 per cent....
...The small-cap focused Russell 2000 added 2.1 per cent....
...Paramount Global was the S&P 500’s best performer, soaring 15 per cent on news reports Skydance Media had reached a deal to acquire the entertainment group....
...The benchmark S&P 500 closed 0.7 per cent lower on Tuesday, its biggest one-day drop since early March....
...The five-year growth rate of the Russell 2000’s earnings per share has been 14.4 per cent, compared with the large-cap Russell 1000’s 15.23 per cent....
...Even smaller stocks are finally catching up a little, with the Russell Midcap index (+4.3 per cent) and the Russell 2000 (+3.6 per cent) leading the Russell 1000 (+3.2 per cent) in March, notes Bank of America...
...Equities surged after Fed chair Jay Powell’s speech, with the benchmark index finishing 0.9 per cent higher....
...The small-cap focused Russell 2000 gained 1 per cent....
...A combination of strong economic growth, low unemployment and falling inflation is historically rare, but Jay Powell’s Fed appears to be pulling it off, all while getting markets in line with officials’...
...Australia’s S&P/ASX 200 edged up 0.1 per cent....
...US stocks were back in record territory, buoyed by comments from Jay Powell that the Federal Reserve was “not far” from having the confidence to begin easing monetary policy....
...The S&P 500 gained 1 per cent to reach its 16th record high of 2024, with all sectors of the index closing higher. The Nasdaq Composite rose 1.5 per cent....
...Even if Open Roads takes its time, at least it doesn’t outstay its welcome. ★★★★☆ Out now on Nintendo Switch, PlayStation 4 and 5, Windows, Xbox One and Xbox Series X/S...
...Additional contributions from George Russell and Benjamin Wilhelm...
...The small-cap focused Russell 3000 finished 0.4 per cent higher....
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