State Street SPDR S&P 600 Small Cap Growth ETF is trading 3% up today as small-cap stocks rally alongside a broad risk-on move across major equity indices including the S&P 500 and Nasdaq Composite.
- Gains are being driven by improving sentiment toward small-cap earnings leverage following prior Federal Reserve rate cuts and resilient domestic demand.
- A stronger appetite for growth and cyclical sectors is helping small-cap growth stocks outperform after a period of recent market volatility.