Major indices are rebounding as small caps lead a 1.5% gain following post-election volatility.
Stocks are attempting another rebound this morning following last week’s dramatic post-election volatility. The Nasdaq and S&P 500 are trading higher by approximately 0.9%, while small caps are leading with a gain of around 1.5%.
Last Thursday’s panic selling pushed investor emotions to extremes, and we’re now seeing the market attempt to recover. However, the bigger question is whether this develops into a new uptrend or simply another temporary bounce within the current correction.
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