Russell 2000 index on correction course as rate-cut hopes fade
- Posted on January 10, 2025
- By Business News Today
- 5 Views
Russell 2000 index on correction course as rate-cut hopes fade
The economically sensitive Russell 2000 small-cap index was on course to plunge into a correction on Friday, falling more than 10% from its 2021 highs as investors pared back optimism on rate cuts by the Federal Reserve following a robust jobs report.
