A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Detroit, MI – Rocket Companies (NYSE: RKT), the parent company of Rocket Mortgage, has witnessed a significant surge in its stock price, fueled by robust second-quarter earnings, optimistic third-quarter guidance, and a surprising resurgence in the starter home segment of the housing market. This upward trajectory signals a potential turning point
Title insurance provider Stewart Information Services (NYSE:STC) announced better-than-expected revenue in Q2 CY2025, with sales up 19.9% year on year to $722.2 million. Its non-GAAP profit of $1.34 per share was 13.6% above analysts’ consensus estimates.
Stewart Information Services (STC) reported strong Q2 2025 earnings, beating estimates with $1.34 EPS and $722.2M revenue, up 47% YoY. Shares remain flat despite growth.
STC stock results show that Stewart Information Servs missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
