GeneDx Holdings Corp.

LifeMD, Inc.

The main small-cap index has now risen for four weeks in a row. However, heightened volatility could be right around the corner as the Fed is set to make a rate decision midweek. Below is a recap of what happened in the small-cap space during the week of April 28-May 2 and what to expect in the week ahead.

Small-cap recap/preview: Four weeks of growth, biotech in focus, volatility ahead

The U.S. Fed has <a href="https://kz.kursiv.media/2024-09-18/rntt-fed-rate/">lowered</a> the federal funds rate for the first time since the start of the pandemic, cutting by 0.5 percentage points. Investors had been anticipating a rate cut for several months now: starting in July, they have been rotating into small-cap stocks, which are expected to be a key beneficiary from lower rates.

Federal Reserve