I:RUT Jul 2024 Weekly 1835.000
| Previous close | 0.5200 |
| Open | 0.5200 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 1,835.00 |
| Expiry date | 2024-07-02 |
| Day's range | 0.5200 - 0.5200 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Boeing, Tesla stock reaction, small-cap portfolio: Market Domination
The market (^DJI, ^IXIC, ^GSPC) is heading into its final trading hour on Tuesday, but the headlines keep coming. Market Domination Hosts Seana Smith and Josh Lipton detail the biggest industry stories and stock movements ahead of the closing bell. Market Domination welcomes Barron's associate editor Al Root to discuss Boeing's (BA) latest legal obstacle as it faces potential charges from Department of Justice (DOJ) officials. Sanders Morris Harris chairman George Ball later joins the show to elaborate why he believes the US economy isn't a textbook case of being in a Goldilocks environment, but is actually reflective of a "Winnie the Pooh" environment. The top trending tickers on the Yahoo Finance platform this hour include Eli Lilly (LLY) and Novo Nordisk (NVO); Archer Aviation (ACHR); Paramount Global (PARA); and Nikola (NKLA). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Why you shouldn't overlook small caps in your portfolio
While the S&P 500 (^GSPC) has reached record highs, the Russell 2000 (^RUT) has lagged behind as small caps struggle to keep up with the broader market. SS&C ALPS Advisors chief ETF strategist Paul Baiocchi joins Market Domination to discuss why investors should be more bullish on small caps despite their underperformance. "You have to go back to the end of the .com era to see any time when small caps, at least at a price level, have looked like this relative to large caps. Then you look at valuations and you look at the PE spread between large caps and small caps as defined by the Russell 2000 and S&P 500. And historically speaking, when you get that type of anomalous relative valuation, it does portend to potentially strong relative performance on a go-forward basis. But as always, any time there is a valuation story in the market, you have to think about what it means short-term and long-term. Valuation is not necessarily a signal for near-term outperformance, but there's reasons why small caps are relatively cheap compared to their large-cap counterparts," Baiocchi explains. He believes there are strategies for investors to get into small caps without risking too much. He points to ALPS O'Shares US Small-Cap Quality Dividend ETF (OUSM) as an opportunity as it screens for companies with high profitability, low leverage, and strong dividends. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
ZacksQ2 Auto Sales, May JOLTS Data Higher than Expected
Q2 auto sales proved to be a pretty good quarter, and JOLTS data for May was also higher than expected.
