As the Federal Reserve stabilizes interest rates in the 3.50% to 3.75% target range this January 2026, a significant shift is rippling through the equity markets, favoring the long-overlooked small-cap sector. For nearly two years, smaller enterprises have buckled under the weight of "higher-for-longer" monetary policy, but the
Health-care services provider BrightSpring, which is backed by private equity firm KKR, priced its initial public offering at $13, below a marketed range of $15 to $18 per share, before opening on Friday a dollar below that IPO price.
