The inventory market was again in risk-on mode, and small-caps had been a giant a part of it.
The Russell 2000 was up 0.8% and on monitor for its seventh consecutive day by day acquire. If it closes up on the day, it can mark its third file shut of 2025. The Russell has risen 21 of the previous 26 weeks, as merchants piled into smaller shares in anticipation of decrease rates of interest.
The S&P 500 was up 0.5%. The Nasdaq Composite was up 0.8%. Each had been on monitor for file closing highs. The Dow, which had risen the prior six classes, was down 52 factors, or 0.1%.