US stock finish strong, led by small caps
Powell offered a lift to US stock markets but there was some mid-day angst along with signs of sector rotation into pro-cyclical small caps. Closing changes on the day: S&P 500 +1.2% Nasdaq Comp +1.5% DJIA +1.2% Russell 2000 +3.1% Toronto TSX Comp +1.1% (record high) On the week: S&P 500 +1.4% Nasdaq Comp +1.4% DJIA +1.3% Russell 2000…