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« Second-Quarter GDP Report | Main | The Market Today » July 25, 2006 Lagging Small-CapsSmall-caps are having a big day today. In fact, that's one of few areas of the market that is convincingly higher. But that's not how it's been for the past few months. After a spectacular run, small-caps have been feeling the most pain in this market. This chart shows the Russell 2000 (black line) against the S&P 500 (gold line):
This is a big change from the previous six years. It's been one long small-cap party. From April 8, 1999 to April 19, 2006, the Russell 2000 gained 94.7% while the S&P 500 lost -2.5%. Posted by edelfenbein at July 25, 2006 12:40 PM |
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