Power of Night Effect Seen in Large- and Small-Cap Stocks on Wednesday
January 18, 2023 at 17:35 PM EST
Markets on Wednesday demonstrated the power of the night effect in both large-cap and small-cap stocks. The night effect is a phenomenon whereby equities have historically performed better during the overnight session (when local markets are closed) than during the day when markets are open. At market close Wednesday, there was a 217 basis point [...] The post Power of Night Effect Seen in Large- and Small-Cap Stocks on Wednesday appeared first on ETF Trends .