S&P 500

January Effect: Mid and Small-Cap Stocks Outperform Mega-Caps

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In the first half of the first month of the year the market is clearly dominated by mid and small-cap stocks (which carry more influence in equal-weighted index than in the cap-weighted).

They are outperforming mega-caps by 1.94%.

This could be a sign of the January Effect where small stocks tend to outperform early in the year.

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