Risk-On Rally Led by Small Caps and Big Earnings — Eli Lilly and Caterpillar Steal the Spotlight episode artwork

EPISODE · Apr 30, 2026 · 10 MIN

Risk-On Rally Led by Small Caps and Big Earnings — Eli Lilly and Caterpillar Steal the Spotlight

from Alpha Casts - AI Market Intelligence

$SPY $QQQ $IWM — Stocks finished higher across the board as a combination of upbeat earnings and rotating sector flows pushed benchmarks higher. The S&P 500 (SPY) and Nasdaq-100 (QQQ) climbed nearly 1% while small caps (IWM) outperformed, rising more than 2%.

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Risk-On Rally Led by Small Caps and Big Earnings — Eli Lilly and Caterpillar Steal the Spotlight

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