US small-cap stocks have staged a strong recovery from the low reached on 10 March 2008 (as measured...
US small-cap stocks have staged a strong recovery from the low reached on 10 March 2008 (as measured by the low in the Russell 2000 index), outperforming their large-cap counterparts in recent weeks. Although small-cap stocks suffered more during the equity market sell-off in early 2008, their strong bounce back leaves them tracking smaller losses than large-cap stocks year-to-date. In addition to the interest rate cuts and additional lending facilities implemented by the US Federal Reserve, stronger-than-expected earnings announcements, especially from smaller companies, provided support t...
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