The U.S. equities markets are strengthening as analysts anticipate better profit forecasts and the economy shakes off the winter chill. Additionally, Fed Chair Janet Yellen bolstered confidence after stating that rates will remain low for the time being.

“The Fed is in no hurry to change the status quo — it’s a reminder that there’s no place for money to go,” Keith Goddard, president of Capital Advisors Inc., said in the article. “There is no place to go but to try and eke out a return in riskier markets.”

Looking within the small-cap space, growth stocks are standing out. Over the past month, the iShares Core S&P Small-Cap ETF (NYSEArca: IJR) is up 7.1%, iShares S&P Small Cap 600 Value Index (NYSEArca: IJS) rose 6.1% and iShares Small Cap 600 Growth Index Fund (NYSEArca: IJT) increased 8.1%. IJT overweights cyclical sectors like tech 23.2%, industrials 16.2% and consumer discretionary 15.4%.

Additionally, investors interested  in combining the small cap and tech themes can take a look at the PowerShares S&P SmallCap Information Technology Portfolio (NasdaqGS: PSCT), which is comprised of tech companies taken from the S&P 600 SmallCap Index. PSCT has surged 10.1% over the past month.

For more information on the markets, visit our current affairs category.

Max Chen contributed to this article.