Small-caps have materially underperformed large-caps recently, but today the Russell 2,000 is having its day in the sun. The Russell is currently up 1.9% on the day versus a gain of just 0.60% for the large-cap S&P 500, and as shown below, a new 52-week high would be made on a closing basis were the index to finish the day at or above current levels.
(Click on image to enlarge)
Expanding the chart above from one year to two years shows that the index still has a ways to go to reach a new all-time high — a further gain of 7.6% in fact.
(Click on image to enlarge)
Comments
Log in or sign up to join the conversation.