Small Caps Rally, AMD Hits 13-Month Highs: What's Moving Markets Wednesday?

Tech-heavy indices were little moved on Wednesday, while small caps and blue chips surged as investors rotated into lagging names, signaling a broadening market rally.IWM ETF is breaking a key technical resistance. Check the chart here. By midday in New York, the S&P 500 edged up 0.1% to 6,450, retreating slightly from a new all-time high of 6,480 hit earlier in the session. The Nasdaq 100 was unchanged, also setting new record highs during the session but failing to break the psychological 24,000-point mar ...