Russell 2000 Hits All-Time Highs: 8 Stocks Power Small-Cap Comeback
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The Russell 2000 index reached an all-time high of 2,470 points, surpassing previous records following a 25 basis point interest rate cut by the Federal Reserve. This marks a significant recovery for small-cap stocks, which have rallied 43% since April, outperforming the S&P 500. Analysts suggest that continued rate cuts could further benefit small companies, which typically rely on credit for growth. Eight small-cap stocks surged over 20% on this news, highlighting the positive impact of the Fed's monetary policy on the sector.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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