Wall Street This Week: All Eyes on Earnings
The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to more gains less secure.
The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to more gains less secure.
When the economy is weak and the upside for equities is limited, investors typically turn to smaller companies for growth. That dynamic is repeating itself now, as small-cap stocks surge past the sluggish broad market.
The U.S. broad-market Russell 3000 Index will rebalance with 16 newly public companies at the end of March. It's a welcome increase from the single IPO added in the first quarter of last year, but a drop from the 28 added in the fourth quarter.


