Riskier Fringes of Market Are Leaving Blue-Chip Stocks Behind
The strength in riskier assets comes as the signals from corporate earnings, economic data and sentiment surveys have all started to improve over the past few weeks.
Photographer: Michael Nagle/BloombergThe riskiest corners of the US stock market are on pace for the biggest gain since November relative to larger and more stable peers, a vote of confidence in the economy’s resilience amid uncertainty about tariffs.
A UBS Group AG basket of 100 stocks with low scores on measures including financial health or efficiency — names like AMC Entertainment Holdings Inc. and GameStop Corp. — is up 11% in May, triple the advance of the blue-chip Dow Jones Industrial Average and almost double that of the S&P 500 Index.