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Small Caps Post Biggest Election-Night Move as Votes Roll In.

Authors :
Dey, Esha
Kniazhevich, Natalia
Source :
Bloomberg.com; 11/5/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

US equity futures saw significant gains as polls closed in key states, with small-cap stocks showing the largest movements. Small-cap futures on the Russell 2000 Index rose 3.6% before settling at 2.5%, while S&P 500 and Nasdaq 100 futures also increased. Investors noted that small caps, which benefit from Trump's protectionist stance, were advancing as he took an early lead over Kamala Harris in the Electoral College. Market experts shared varied perspectives on the potential outcomes of the election and its impact on different sectors, with a focus on small-cap companies potentially thriving under a Trump administration. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180673190