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Futures stocks tied to the Russell 2000 regained
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Futures stocks tied to the Russell 2000 regained ground after recent underperformance, with markets anticipating small-cap benefit from potential lending cost reductions. However, the best could be yet to come. As interest rates (hopefully) fall over the next few years, it should become a far better environment to expand. Management sees a $100 billion investable universe of properties in categories EPR could pursue, and this is a market that is likely to get even larger over time. "This is telling you that maybe the inflationary pressures that are the biggest worry, and [have] been the biggest worry in many FOMC speeches, are beginning to show more signs of life," Torsten Sløk, Apollo Global chief economist, told Yahoo Finance. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) European equity futures weakness spilled into US futures stocks, with S&P 500 contracts down 0.3% before the bell. Investors await FOMC minutes for guidance on monetary policy trajectory.