Shares of small U.S. companies climbed to a fresh record Wednesday, reflecting their gains in the recent tax overhaul and signs that U.S. growth once again looks more robust than that from overseas. The rally marks a remarkable rebound for small caps, which fell behind large stocks last year as investors poured money into multinational companies they felt were best positioned to benefit from a synchronized pickup in the global economy.

Source: Wall Street Journal May 16, 2018 20:37 UTC