Russell 2000 Breaks to New Highs as Bull Market Momentum Grows

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 53%

S&P 500 News

US Small Cap 2000,Ishares Russell 2000 ETF,NASDAQ Composite

Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com

as managed to push to a new closing high . This has been a 3-year journey for the index, and marks an important milestone as part of the secular bull market continuation - which kicked off in 2012 - but started with the generational low in 2009. Only the

Little to say about the S&P. It's chugging along in bullish form. Volume has been quiet, bar yesterday's confirmed distribution. Technicals are net bullish, including its outperformance relative to the Nasdaq. As with the S&P, it booked a distribution day yesterday, and given gains in peer indices, it's underperforming relative to them, but not to any worrying degree.

There are a number of economic data points to influence premarket; if data disappoints, then look for a gap down at the open, but if buyers then step in it could prove to be a very positive day.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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:

 /  🏆 450. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines