Continued growth in technology stocks is masking the poor performance of the majority of smaller com...
Continued growth in technology stocks is masking the poor performance of the majority of smaller companies in the Russell 2000 Index. So far this year the index is up 7.12% in dollar terms compared with a rise in the S&P 500 of 15.5%. The main contributor to the growth in the Russell 2000 are the technology companies within the index. In the year to date the technology sub-sector has grown by 59.71%, whereas the financial sub-sector has fallen by 4.7% and the consumer sector has risen only 4.2.2%. Rupert Della-Porta, fund manager at Hill Samuel Asset Management, says: "It is not the righ...
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