US small-cap stocks are booming again, and there is a movement of re-evaluation due to a dark turn in investment in large high-tech stocks

2024/7/27 15:57 JST (some excerpts)
Stock selection has become active again, and diversified investments in small-cap stocks and bank stocks that have been shunned
The small-cap stock index Russell 2000 has been rising for 3 consecutive weeks
Concentrated investment in major high-tech stocks, which had been expected on Wall Street as transactions that would surely generate profits in 2024, took a dark turn, and momentum investors were hit by a rapid rise in stock price volatility.
　　Concerns about Tesla's disappointing performance and alphabet spending overlapped with popular trades in bonds and products backfired, spurring confusion with a wide range of assets. However, there is a trend that cannot be overlooked in the midst of this. Stocks that have been shunned in the stock market, such as small-cap stocks and bank stocks, are suddenly booming, and individual stock selection is once again popular.