{"id":61811,"date":"2026-05-11T10:07:18","date_gmt":"2026-05-11T14:07:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-small-caps-and-commodities-rally-as-earnings-season-continues\/61811\/"},"modified":"2026-05-11T10:07:18","modified_gmt":"2026-05-11T14:07:18","slug":"stock-market-today-small-caps-and-commodities-rally-as-earnings-season-continues","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-small-caps-and-commodities-rally-as-earnings-season-continues\/61811\/","title":{"rendered":"Stock Market Today: Small Caps and Commodities Rally as Earnings Season Continues"},"content":{"rendered":"<p>The U.S. stock market opened with a mixed but generally optimistic tone on Monday, May 11th, 2026. As the trading session gets underway, investors are navigating a landscape defined by a significant surge in commodity prices and a notable rotation into small-cap equities. While the large-cap indexes are showing modest movement, the broader market sentiment appears to be leaning toward &quot;risk-on&quot; sectors, even as the blue-chip <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average faces slight downward pressure.<\/p>\n<h2>Major Index Performance at the Open<\/h2>\n<p>As of the first hour of trading, the iShares Russell 2000 ETF (<a href=\"\/stock\/IWM\">IWM<\/a>) is the clear standout, gaining 0.65%. This outperformance suggests that investors are finding value in smaller, domestically focused companies. Meanwhile, the broader market, represented by the State Street SPDR <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ETF Trust (<a href=\"\/stock\/SPY\">SPY<\/a>), is up a modest 0.14%.<\/p>\n<p>The tech-heavy Invesco QQQ Trust (<a href=\"\/stock\/QQQ\">QQQ<\/a>) is also seeing slight gains, rising 0.10%, supported by strength in the semiconductor space. Conversely, the State Street SPDR Dow Jones Industrial Average ETF Trust (<a href=\"\/stock\/DIA\">DIA<\/a>) is the laggard among the majors, trading down 0.10%. This divergence highlights a shift away from traditional defensive blue chips toward growth and cyclical areas of the market.<\/p>\n<h2>Commodities and Sectors in Focus<\/h2>\n<p>One of the most striking developments this morning is the aggressive rally in commodities. The iShares <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> Trust (<a href=\"\/stock\/SLV\">SLV<\/a>) has surged 4.75%, while the United States Oil Fund (<a href=\"\/stock\/USO\">USO<\/a>) is up 2.38%. This strength is rippling through related sectors, with the VanEck <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> Miners ETF (<a href=\"\/stock\/GDX\">GDX<\/a>) climbing 2.48% and the Global X Uranium ETF (<a href=\"\/stock\/URA\">URA<\/a>) rising 2.32%.<\/p>\n<p>In the technology sector, the iShares A.I. Innovation and Tech Active ETF (<a href=\"\/stock\/BAI\">BAI<\/a>) is performing well, up 1.70%, as artificial intelligence remains a dominant theme for investors. On the downside, the retail sector is facing significant headwinds; the State Street SPDR S&amp;P Retail ETF (<a href=\"\/stock\/XRT\">XRT<\/a>) has dropped 2.33%, indicating potential concerns regarding consumer spending and upcoming retail data.<\/p>\n<h2>Major Stock News and Corporate Developments<\/h2>\n<p>In individual stock news, the semiconductor industry is providing a significant boost to the Nasdaq. Micron Technology, Inc. (<a href=\"\/stock\/MU\">MU<\/a>) is one of the most active stocks this morning, jumping 6.3% on high volume. Intel Corp (<a href=\"\/stock\/INTC\">INTC<\/a>) is also seeing strong buying interest, rising 4.9%. Other notable movers in the chip space include Advanced Micro Devices (<a href=\"\/stock\/AMD\">AMD<\/a>), which is up 1.4%.<\/p>\n<p>In the small-cap and speculative space, Odysight.ai Inc. (<a href=\"\/stock\/ODYS\">ODYS<\/a>) has witnessed an extraordinary price spike, soaring 116.1% following a period of unusual volume. Everspin Technologies, Inc (<a href=\"\/stock\/MRAM\">MRAM<\/a>) is also recording a strong session, up 36.3%. On the losing end, Multi Ways Holdings Limited (<a href=\"\/stock\/MWG\">MWG<\/a>) has retreated 23.0%, and Certara, Inc. (<a href=\"\/stock\/CERT\">CERT<\/a>) is down 12.8%.<\/p>\n<h2>Earnings and Upcoming Market Events<\/h2>\n<p>Earnings season remains a primary driver of price action. This morning, Constellation Energy Corporation (<a href=\"\/stock\/CEG\">CEG<\/a>) reported its Q1 2026 results, while Barrick Mining Corporation (<a href=\"\/stock\/B\">B<\/a>) and Fox Corporation (<a href=\"\/stock\/FOXA\">FOXA<\/a>) also released their quarterly figures before the opening bell. Investors are also monitoring Circle Internet Group, Inc. (<a href=\"\/stock\/CRCL\">CRCL<\/a>), which reported earlier today.<\/p>\n<p>Looking ahead to the afternoon, attention will shift to Petrobras (<a href=\"\/stock\/PBR\">PBR<\/a>), Simon Property Group, Inc. (<a href=\"\/stock\/SPG\">SPG<\/a>), and AST SpaceMobile, Inc. (<a href=\"\/stock\/ASTS\">ASTS<\/a>), all of which are scheduled to report after the market close. The rest of the week is packed with high-profile releases, including Alibaba Group Holding Limited (<a href=\"\/stock\/BABA\">BABA<\/a>) and Cisco Systems, Inc. (<a href=\"\/stock\/CSCO\">CSCO<\/a>) on Wednesday, and Applied Materials Inc (<a href=\"\/stock\/AMAT\">AMAT<\/a>) on Thursday. These reports will be critical in determining if the current market momentum can be sustained through the middle of May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market opened with a mixed but generally optimistic tone on Monday, May 11th, 2026. As the trading [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94,6824],"tags":[1807,1945,4223,4380,5278],"class_list":["post-61811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","category-featured","tag-earnings","tag-commodities","tag-inflation","tag-stock-market","tag-russell-2000"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=61811"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=61811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}