Last week, small and Midcaps stocks compensated for losses in the previous week, with the Russell 2000 (INDEXRUSSELL:RUT) index surging +4.0%, the Russell Midcap (INDEXRUSSELL:RMCC) up 3.4% and the Russell 2500 (INDEXRUSSELL:R25I) gaining +3.8%. Comparatively, the SPX rose 3.2%.
The star sector performers were Health Care and Materials, while Consumer Staples, Consumer Discretionary and Energy were the laggards, according to the weekly SMID Cap “Rap” research note from Citi analysts Scott T Chronert and Louis L Odette.
Small and Midcaps year-to-date performance by sector and style
This is shown in the table below. Positive performance can be observed YTD in Real Estate, Health Care, Telecom and Utilities.
Key factors impacting small and midcaps
- As already...
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