Russell 2000 small caps fall about 9% from August
Russell 2000 futures ended Wednesday down about 9% from its August level, lagging S&P 500 and Nasdaq Composite which hit record highs.
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Russell 2000 futures ended Wednesday down about 9% from its August level, lagging S&P 500 and Nasdaq Composite which hit record highs.
U.S. stocks slipped by midday Wednesday as a sharp selloff in industrials weighed on the Dow Jones and small caps, while healthcare provided a rare pocket of strength. The S&P 500 fell 0.4% to 7,788, while the Dow Jones Industrial Average dropped 0.9%, or 465 points, to 51,056. The Dow was weighed down by Caterpillar I
Investors are pulling billions of dollars from small-cap stocks as rising Treasury yields put renewed pressure on companies more exposed to borrowing costs. The iShares Russell 2000 ETF (NYSE: IWM ) recorded $3.3 billion in outflows last week, according to a post on X by The Kobeissi Letter, marking its second-largest