Mid and Small-Cap Stocks Lead Gains in 2011
The S&P 600 Small-Cap Index closed at an all-time high on Thursday, while the S&P 400 Mid-Cap Index came within points of reaching record levels.
So far in 2011, both indexes are up 10.8 percent and 11.5 percent, respectively. That compares to a 7.6 percent gain for large-cap stocks.
As investors turn their attention to Friday's job report, here is a look at where some of the major indexes stand in relation to their historic levels.
- S&P 600 Smallcaps closed on Thursday at a record all-time high of 461.01, after trading as high as 462.38
- S&P 400 Midcaps closed within 4 points of their all-time closing high of 1015.26 set on April 29, 2011, and traded within 5 points of their intraday all-time high of 1018.65
- Midcaps are also one of the top performing US indexes year-to-date, up 11.51 percent
- NASDAQ Composite closed near its highest level since December 12, 2000, when it settle at 2,931.77 (The 2011 closing high of 2,873.54 was hit on April 29)
- On an intraday basis, the NASDAQ has to surpass the intraday 52-week high of 2,887.75 hit on May 2, 2011, to be trading at December 2000 levels
- Dow Transports closed at record all-time highs
- Dow Industrials : The 2011 closing high is 12,810.54 hit on April 29, while the all-time high level of 14,164.53 was hit on October 9, 2007
- On an intraday basis, the Dow's high is 12,876 hit on May 2, 2011
- S&P 500 : The 2011 closing high is 1,363.61 reached on April 29, while the all-time high of 1,565.15 was hit on October 9, 2007
- On an intraday basis, the S&P's high is 1,370.58 hit on May 2, 2011
The table below highlights the best mid and small-cap companies in 2011.