Small-cap enthusiasm could return on interest rate worries for 2024

📆 9/12/2023 5:36 PM
📰 YahooFinanceCA

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The energy sector and the small cap space may share some similar attributes as oil prices react to production cuts and investor sentiment shifts Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, sits down with Yahoo Finance Live to discuss revisions in energy stocks and the small cap landscape's cyclical nature enduring recession woes. 'We've been seeing positive revisions in S&P companies for the last six weeks where we've only really started to see that come back in the small cap space in September,' Calvasina details. 'So earnings revisions earlier in their recovery, valuations are deeply compelling. I think that small caps have a tricky issue in the short term that energy doesn't have...' Calvasina notes the interplay between consumer sentiment data and both the small cap and large cap ecosystems.

Tina Turner was an American-born singer. Known as the "Queen of Rock 'n' Roll."Stock market today: Asian shares mostly slide despite Big Tech rally on Wall Street

TOKYO — Asian shares mostly declined Tuesday despite a Big Tech rally on Wall Street, as investors looked ahead to data on U.S. consumer prices set for later in the week. Japan's benchmark Nikkei 225 surged 0.7% in morning trading to 32,686.67. Australia's S&P/ASX 200 lost 0.2% to 7,176.30. South Korea's Kospi shed 0.5% to 2,542.91. Hong Kong's Hang Seng dropped 1.0% to 17,913.43, while the Shanghai Composite fell nearly 0.3% to 3,135.08. “Upcoming U.S.

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