U.S. stock futures edged up Thursday following the Nasdaq's worst day since 2022, as investors shift from tech giants to broader market opportunities. The Dow hit a record high above 41,000, while the Nasdaq and S&P 500 declined. This rotation reflects growing optimism about potential rate cuts and a desire for market breadth. However, concerns persist about an economic slowdown. Small-cap stocks are experiencing a significant rally, with the Russell 2000 index gaining over 1% for five consecutive sessions. This shift is driven by investors rotating out of overvalued tech giants and expectations of potential policy changes. Notable small-cap performers include Caribou Biosciences, Hovnanian Enterprises, and Hippo Holdings. Historical data suggests this trend may continue in the near t
$IWM: Summer Surge to $300?
The Russell 2000 Index ($IWM) has been a focal point of discussion among traders and analysts, with a variety of perspectives on its recent performance and future prospects. TOM LEE JUST PREDICTED $IWM WILL HIT $300 BY THE END OF SUMMER. ---------- Will you trade IWM? What's your target price?
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