Why Russell 2000 is running up in 2024?
While the S&P 500 continues to grab headlines, the Russell 2000, the index tracking the performance of 2,000 small-cap U.S. companies, has been quietly putting on a show in 2024. Here’s a breakdown of the potential factors driving this under-the-radar rally: 1. The Anti-Large Cap Bias: After a stellar 2023 for large-cap tech stocks, some investors are rotating their portfolios towards smaller…