Russell 2000 Near Record Highs as Fed Cut Bets Grow: Small‑Cap Outlook After 5–7 December 2025
The Russell 2000 fell 0.4% to 2,521.48 on Friday, 5 December 2025, after a week of gains, but remains close to its record high near 2,540 set in October. The index is up about 0.8% for the week and has climbed in the low teens percent year-to-date, trailing large-cap benchmarks. Investors are betting on a Federal Reserve rate cut at next week’s meeting, with futures implying nearly 90% odds.