The Russell 2000, considered by some to be a bellweather for the economy, is showing the least amount of strength among the major stock market indexes right now. The index, designed to track the movement of small capitalization stocks has not been keeping up with the S&P 500 or the NASDAQ
NDAQ
The effects of the Fed’s moves to higher interest rates is having a greater impact on this group of stocks and that hurts the financial sector — the group amounts to 16% of the total number within the Russell 2000.
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