Unusual Risk-Off Month: Small Caps Outperform as Megacaps Drag Market Down
In an unusual risk-off month for the market, small-cap stocks have outperformed mid-caps and large caps. The equal-weight S&P 500 has beaten its cap-weighted counterpart while tech-heavy 'Magnificent Seven' companies are down significantly, dragging major indices lower.
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Topics: Magnificent Seven Nasdaq Composite risk-off environment S&P 500 small-cap stocks