The Russell 2000 tracks 2,000 small-cap US domestic companies, highly sensitive to floating-rate debt costs and domestic growth.
Formula: Russell 2000 Small-Cap Spot Index Level
| Indicator Parameter | Value / Specification |
|---|---|
| Indicator Name | Russell 2000 (RUT) Small Cap |
| Ticker Symbol | ^RUT |
| Normal Baseline Range | 1,950 - 2,350 |
| Unit of Measure | Index Level Points |
| Authoritative Source | FTSE Russell / Yahoo Finance |
Small caps benefit disproportionately from Fed rate cuts as ~40% of small-cap corporate debt is floating-rate.
Source: FTSE Russell / Yahoo Finance (https://finance.yahoo.com/quote/%5ERUT)
Russell 2000 outperforming S&P 500 confirms broad economic expansion and risk-on market rotation.
Staged massive 10%+ rally in July 2024 following cooler inflation prints.
The Russell 2000 tracks 2,000 small-cap US domestic companies, highly sensitive to floating-rate debt costs and domestic growth.
Small caps benefit disproportionately from Fed rate cuts as ~40% of small-cap corporate debt is floating-rate.
Russell 2000 outperforming S&P 500 confirms broad economic expansion and risk-on market rotation.
Staged massive 10%+ rally in July 2024 following cooler inflation prints.
Small-cap companies carry higher debt loads and floating-rate loans. Fed rate cuts reduce their borrowing costs directly.