Fed rate cuts propel Russell 2000 to record high
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最新报道：According to a report by Bijie.com, after a record-breaking rally in U.S. stocks, small-cap stocks have finally joined in, ending the downturn since the start of the pandemic. Following the Federal Reserve's interest rate cut, the Russell 2000 index rose 2.1% to 2,453.36 points, surpassing its all-time closing high since November 2021 for the first time. The index subsequently partially pared its gains, but remains on track to end its longest non-record-breaking winning streak since the dot-com bubble. Doug Beath, global equity strategist at Wells Fargo Investment Institute, said the rise in small-cap stocks coincided with "high risk appetite and market expectations that the Federal Reserve may cut interest rates three times this year."
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