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cover of episode Small-Caps Tumble

Small-Caps Tumble

2023/6/22
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Schwab Market Update Audio

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Shownotes Transcript

Large- and small-cap companies diverged once again Thursday, with the S&P 500®(SPX) and Nasdaq Composite (COMPX) rising for the first time in four sessions while the small-cap Russell 2000 (RUT) dropped to a more-than two-week low, as investors fretted about recession risks and more interest-rate warnings from Federal Reserve Chair Jerome Powell.