Closing Bell Overtime: S&P 500 Cant Quite Make It Nine In A Row; Fundstrats Tom Lee Calls For Huge Rally In Small Caps 8/20/24

Published: Aug. 20, 2024, 9:05 p.m.

The S&P 500 and Nasdaq snapped eight-day winning streaks. But Fundstrat\u2019s Tom Lee says he sees 40% upside in small caps before the end of the year as the Fed is expected to cut rates. Ariel Investments\u2019 Charlie Bobrinskoy and Vital Knowledge\u2019s Adam Crisafulli break down the broader markets. NYU\u2019s Dean of Valuations, Aswath Damodaran, on why he prefers Amazon to Nvidia right now, plus Barclays analyst Matt Miksic on a rough day for Dexcom after strong Eli Lilly obesity data was published.