The S&P 500 index closed with a slight increase on Wall Street in the U.S., while small-cap stocks surged, as investors favored sectors of the market more sensitive to economic performance.
U.S. Treasury yields began to rise, and the Russell 2000 index exhibited strong performance throughout the session, closing at a very high level. Stocks in sectors linked to the economic cycle continued to gain, such as financial and energy stocks, which heavily rely on a strong economy for growth. The Dow Jones Industrial Average finished the trading session up by 0.19%, or 60 points, reaching 31,068.69 points, while the benchmark S&P 500 index increased by 0.04%, or 1.58 points, to close at 3,801.19 points. The Nasdaq Composite index closed up by 0.2%, or 36 points, at 13,072.43 points.
