Russell 2000 Hits 9-Month Highs, Bitcoin Drops Below $110,000: What's Moving Markets Tuesday?

Benzinga
2025.08.26 18:12
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On a slow Tuesday, the Russell 2000 index rose 1%, reaching a 9-month high, driven by expectations of a Fed rate cut. The S&P 500 remained flat, while oil prices fell over 2%. Bitcoin dropped below $110,000, continuing its four-day decline, although Ethereum and Solana saw gains. Eli Lilly's stock surged over 4% after positive diabetes treatment results, while Heico Corp. rose 8% on strong quarterly results. Conversely, Keurig Dr. Pepper's stock fell 5.5% amid concerns over its acquisition plans.