Small-Caps Outperform in Strong Period for Stocks

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Small stocks have taken off recently—and the very smallest have done the best of all.

The Russell Microcap index gained 4.5% for the month of November, besting the small-cap benchmark Russell 2000’s monthly gain of 4%. Meanwhile, both of those indexes handily outperformed the S&P 500’s gain of 3.4% and the Dow Jones Industrial Average’s advance of 3.7%.

Companies…