Russell 2000 Hits Record as Small Caps Beat Big Tech — Why Wall Street Watches the First 10 Trading Days
Smaller-company stocks finished last week strong, with the Russell 2000 hitting a record close on Jan. 16, outpacing the S&P 500 for the 11th session in a row, the Wall Street Journal reported. The index has surged roughly 7.9% this year, leaving the early gains in the S&P 500 and Nasdaq in the dust.