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POLITICO Get the Morning Money newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. ....
(Corrects spelling of ‘Brian’ in 14th paragraph.) FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton NEW YORK (Reuters) -An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for the market overall,” said Doug Foreman, chief investment officer of fund manager Kayne Anderson Rudnick, who expects the broad U.S. market will offer “single-digit returns” for the rest of 2021. ....
As small-cap stocks lag, Wall Street worries about broad slowdown By David Randall By David Randall NEW YORK (Reuters) -An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. The easy money has been made for small caps and for the market overall, said Doug Foreman, chief investment officer of fund manager Kayne Anderson Rudnick, who expects the broad U.S. market will offer single-digit returns for the rest of 2021. ....