NEW YORK (AP) — The stock market is getting its momentum back.
All major stocks indexes rose Tuesday, and the biggest gains were in riskier small-company stocks and sectors that do best when the economy is growing.
Major indexes rose for a fourth straight day. Traders have grown more confident after Friday’s strong jobs reports and on expectations of record corporate earnings for the second quarter, which ended June 30. So far, the stock market is up nearly 3 percent in July following a 1.5 percent dip in June.
The Russell 2000, an index of small-company stocks, rose nearly 1 percent Tuesday. The gains suggest that investors are more certain that the economy’s prospects are good.