Small Stocks Lead Gains, Defying Rising Interest Rates, As New Narratives Re-enforce The Bullish Sentiment On Wall Street

Stocks Graph (Credit: m./Unsplash)

Small U.S stocks assumed the leadership on Wall Street last week even as long-term interest rates headed higher as new narratives re-enforced the bullish sentiment on Wall Street.

The small-cap heavy Russell 2000 ended the week at 2009.99, up 3.8%, beating both the S&P 500 and the Dow Jones, which gained 1.7% and 2.5%, respectively.