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Sentiment has been shifting away from small caps and cyclicals

Press Room
Jan. 06, 2025 3:43 PM ETiShares Russell 2000 ETF (IWM)IJR, XLE, XLV, XLB, XLF, XLI, XLP, IWN, VB, XLREBy: Monica L. Correa, SA News Editor
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Vladimir Zakharov

Since December, sentiment towards small-cap stocks (NYSEARCA:IWM) has weakened and cyclicals have lagged, said Steven G. DeSanctis, U.S. mid-cap strategist at Jefferies.

According to a Jefferies note, small-caps (NYSEARCA:IWM) has seen $8B in outflows since the beginning of December and

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