News Formal

Small-cap stocks are surging Tuesday as broader U.S. market sleeps. Here's why.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The small-cap Russell 2000 index surges Tuesday. Is it time to play catch-up with megacap tech stocks?

The broader U.S. stock market looked sleepy Tuesday, but small-cap investors were not in the mood for a nap.

The small-cap Russell 2000 index RUT — made up of the smallest 2,000 companies in the broader Russell 3000 RUA by market capitalization — was up 2.6%, on track for its highest close since March 8, according to Dow Jones Market Data. The expectation “is that either the small-cap stocks in the Russell 2000 and microcap indices will ‘catch up’ or the eight big megacap technology stocks will ‘crash and burn,’” Navellier said, in emailed comments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »