Russell 2000 lags as regional-bank earnings stay uneven
Small caps are a duration trade and a credit trade. This week they were both, and neither helped.
Elena VasquezSenior Markets Correspondent
Laptop displaying market charts and graphs
NEW YORK — Small caps are a duration trade and a credit trade. This week they were both, and neither helped.
The index's bank-heavy composition turned a mixed CRE commentary season into another session of underperformance versus the S&P 500.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.