📊 A 30% Jump in a Day

Good Morning Investors,

Trade developments drove much of yesterday's market narrative. As reported by the NYTimes, the US continues to levy tariffs, and the previously contentious trade scenario with China seems to be easing, with signs of détente and optimism for a truce renewal. But, the tariffs' impact on the economy and inflation, coupled with anticipated Fed responses, leave uncertainties for small-cap entities.

An emerging narrative is the increasing dominance of tech within the S&P 500, raising pertinent concerns about small-cap companies' ability to keep pace amidst technological shifts. Finally, investor sentiment may be buoyed by the landmark US-EU trade deal, as reported by various news sources.

Matthias Schneider
Editor at Analytica Investor