Business

Stock Market Update: Small-Cap Stocks Perform Strongly

Updated 2026-06-30 21:10 UTC 2 sources Neutral

Small-cap stocks are experiencing their best start to a year since 1991. Michael Burry, known for his successful long-term investments in Caterpillar, is now shorting the company due to its recent surge.

Coverage timeline — 2 articles

CNBC

Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026

"Caterpillar jumped out at me," Burry said. "I have never shorted Caterpillar. It has always done great for me on the long side in the past."

2026-06-30 20:41 UTC

MarketWatch

Small-cap stocks just had their best start to a year since 1991. The rest of 2026 could look very different.

Small-cap stocks are coming off a historic run. On Tuesday, they clinched their best performance during the first six months of a year since 1991.

2026-06-30 20:57 UTC