Micro-cap stocks, volatility, crypto moves: Market Takeaways
00:00 Speaker A
Something interesting happening in the market here. I noticed that small caps closed at a record high, but then I went to the micro caps, which are even smaller, and they closed at their first record high since 2021. So we’ve seen since that’s Friday sell off, small caps came roaring back the most. and now micro craps, uh micro caps, excuse me, uh exceeded even them today in performance. So let’s take a quick look at some of the performance today. Here’s iShares Microcrap ETF IWC, that is up 1.6%, let’s call that. Then we got iShares Russell 2000 ETF, that’s up 1%. and then for the large caps, we’ll use the S&P 500 Spy, that was up 44 basis points. I don’t know if it lasts, but I thought it was interesting….
