Small-Caps Soar To Record Highs

Small-cap speculation, biotech blowouts, and other noteworthy pops and drops.

NEWS
Small-Caps Soar To Record Highs

Source: Tenor.com

Stocks kicked off the week with gains, supported by positive sentiment around Scott Bessent's Treasury secretary nomination. With 95% of the S&P 500 already reporting, results have been strong relative to expectations. Small-caps remain the star of the show as investors and traders venture further down the risk spectrum. šŸ‘€

Today's issue covers the latest speculation in small-caps, two biotech drug blowouts, and other noteworthy pops and drops. šŸ“°

Hereā€™s the S&P 500 heatmap. 10 of 11 sectors closed green, with real estate (+1.34%) leading and energy (-1.97%) lagging.

Source: Finviz.com

And here are the closing prices: 

S&P 500

5,987

+0.30%

Nasdaq

19,055

+0.27%

Russell 2000

2,442

+1.47%

Dow Jones

44,737

+0.99%

Most bullish/bearish symbols on Stocktwits at the close: šŸ“ˆ $OPI, $RGTI, $BCOV, $ZM, $BARK šŸ“‰ $M, $SAVA, $ONCT, $BBY, $BURL*

*If youā€™re a business and want to access this data via our API, email us.

STOCKS
The Russell 2000ā€™s First Record In 3 Years šŸ„³ 

The small-cap Russell 2000 made new all-time highs on an intraday basis, barely missing a record close as the bulls continue to take on more and more ā€œriskierā€ bets. Now, all the major U.S. indexes are trading at all-time highs. šŸ¤© 

As breadth continues to expand and speculation runs wild, beaten-down stocks like Beyond Meat, B. Riley Financial, AMC Entertainment, and more are all seeing a ā€œcatch upā€ bid from investors and traders alike.

Meanwhile, certain sectors and inudstry groups remain hotter than others. For example, space stocks continue to soarā€¦with Rocket Lab leading the charge following two successfuly launches in less than 24 hours. Shares rose to new all-time highs on the news, as traders and investors continue to bet on big moves. šŸš€ 

And if you need further evidence of the wild moves happening in markets right now, you can check out ZenaTech ($ZENA), an AI-drone company that soared over 250% on the day alongside Joby Aviation and others. šŸ¤Ŗ 

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