It’s been a volatile year so far for stocks, but two big-picture trends are clear in 2018 for two widely followed subsets of the broad market. First, small-cap shares are enjoying a solid run over large caps. Value stocks, by contrast, continue to suffer vs. shares of growth companies, based on year-to-date performances via a set of exchange-traded funds.
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Drug-resistant typhoid epidemic becoming “global concern”: Ars Technica
S. Korea says it’s discussing peace deal with N. Korea: Reuters
CIA chief met with N. Korea’s Kim Jong-un: NY Times
China’s President Xi planning to visit North Korea, says Chinese official: CNN
Republicans pushing for 2nd tax vote ahead of mid-term elections: Reuters
US housing starts rebound in March, up 10.9% vs. year-earlier level: MarketWatch
Industrial output in US rose more than expected in March: RTT
Analyst says VIX index signaling US stocks will continue to rebound: MarketWatch
BofA: Money managers’ global equity allocations fell to 18-mo low in April: P&I
Over half of next year’s nearly $1 trillion federal deficit due to new laws: CRFB