Small-Cap Russell 2000 Joins In Record-Close Rally
The Dow, S&P 500, and Nasdaq all notched record closes today, with help from a Big Tech rally. Even more noteworthy, the small cap Russell 2000 (RUT) -- an index that tends to benefit from interest rate cuts -- marked an all-time closing high as well, surpassing its closing peak from November 2021. Heading into Friday, all four benchmarks are on track for weekly gains, with the RUT eyeing its seventh winning week in a row.
OIL, GOLD FALL FOR SECOND DAY AFTER RATE CUT
Oil prices eased once again for the second straight day. October-dated West Texas Intermediate (WTI) crude fell 47 cents, or 0.7%, to $63.57 per barrel.
U.S. gold futures inched lower for the second today, with December-dated gold futures dropping 1% to $3,646.70 per ounce.
More By This Author:
Indexes Hit Record Highs; Nasdaq Jumps 245 PointsStocks Show Little Reaction To Highly-Anticipated Rate Cut
Stocks Notch Weekly Wins, Nasdaq's 5th-Straight Record Close
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
