UPDATE 1-Energy may give further impetus to U.S. small-cap stocks [Reuters (UK)]
Ameriprise Financial, Inc. (AMP)
Last ameriprise financial, inc. earnings: 1/29 04:10 pm
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Source: Reuters
Energy may give further impetus to U.S. small-cap stocks | Reuters 4 Min Read NEW YORK (Reuters) - U.S. small-cap stocks look poised to extend a breakout move higher, especially if oil prices rally further and drive gains in smaller energy companies that have provided leadership in recent weeks, analysts and investors said. The Russell 2000 index of small capitalization stocks was on track for a fourth consecutive record closing high on Monday and registered its third week of gains Friday, sharply outperforming large-cap stocks on Wall Street. All three major indexes posted losses for the week. The Russell is up 11.8 percent since its Feb. 8 low for the year, while the S&P 500 is up just 5.8 percent since that date. The S&P 600 small-cap index is also at a record high. Energy shares within the S&P 600 have led recent gains, thanks to a jump in oil prices, which analysts said should boost earnings forecasts for the sector. The outperformance of small-cap stocks has been driven partly b
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AMP
Earnings
- 1/24/24 - Beat
AMP
Sec Filings
- 3/29/24 - Form 4
- 3/28/24 - Form 4
- 3/27/24 - Form 144
- AMP's page on the SEC website