📊 Markets Edge Higher, Energy Leads

Good Morning Investors,

Momentum is building around the view that rate cuts will act as a catalyst for small-cap leadership, with Wall Street noting that smaller stocks are beginning to drive recent upside moves.

Political pressure on the Fed and legal disputes around governance are injecting volatility and uncertainty into macro flows. Dispersion across sectors is also widening: energy and mining names are broadly supported by higher commodity prices, though some miners continue to face company-specific setbacks.

Chipmakers and proven AI plays are attracting attention, while software-focused small-caps show weakness amid disruption concerns.

Matthias Schneider
Editor at Analytica Investor