Small-caps get a lift after Fed's jumbo rate cut; see top 20 names in SA Quant ratings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2024
0mins
Should l Buy ?
Source: SeekingAlpha
Interest Rate Cut Impact: Wall Street observed a significant increase in small-cap stocks following the Federal Reserve's decision to cut interest rates by 50 basis points.
Russell 2000 Performance: The Russell 2000 index rose by 2.4%, reaching 2,259.70 in response to the interest rate reduction.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
