by David Rasmussen on Jan 15, 2021
The S&P 500 fell slightly this week, closing down roughly 1.5%. The small cap Russell 2000 index continued to be the outperformer, adding another 1.42%. Since December 31, the small cap index has risen nearly 7.5%. Large cap stocks have been dragged down by the big tech names which have carried the index for the better part of two years. Amazon, Netflix, Apple, Facebook, and Google all fell in excess of 3% this week.