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Broad-Based Gains, Small Caps Lead: $SPY, $QQQ Tick Higher as Sector Rotation Shifts Toward Cyclicals
Published 3 months ago
Description
$SPY $QQQ $IWM $BTC $MSOS — The S&P 500 (SPY) and Nasdaq-100 (QQQ) each logged modest gains while small caps (IWM) outperformed, underscoring a rotation into cyclical sectors and real assets. Traders weighed sector-specific catalysts, mixed retail and energy results, and renewed regulatory noise around crypto and cannabis.