Wall Street strategists are becoming less confident in small cap stocks as Fed rate cut hopes diminish.
Stock market indices (^DJI, ^IXIC, ^GSPC) are seeing red across the board to start the second day of 2024's second quarter. Morning Brief anchors Jared Blikre and Brad Smith review Tuesday morning's market action, taking a closer look at small-cap equities, sector performances, and Tesla's (TSLA) stock after reporting disappointing first-quarter EV delivery figures. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
As market indices (^DJI, ^IXIC, ^GSPC) swing into the green after a mixed opening, the cryptocurrency dogecoin (DOGE-USD) is also seeing gains Thursday morning. Yahoo Finance's Jared Blikre takes a closer look at the memecoin's performance, while also examining Home Depot (HD), select ETFs, and small-cap indexes. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.