Nasdaq ends higher as yields fall, Boeing curbs gains on Dow

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Small-caps still cheap despite the Q4 rally - BofA

January 8, 2024 8:07 AM EST

According to analysts at Bank of America, small-cap stocks stocks are still historically cheap despite the rally during the fourth quarter.

In a note headed by BofA equity and quant strategist Jill Carey Hall, the investment bank said P/E ratios expanded across size segments to their highest levels since early 2022 following December's rally.

"The... More