Technology-Laden Nasdaq: Russell and Index

technology-laden nasdaq: To put a finer point on the ascent for small-caps, the Russell's weekly gain, representing a 3.81 percentage-point spread between its run-up thus far this week and that of the S&P 500 SPX, 0.29%, would mark the widest margin of underperformance between the large-cap index and the Russell on a weekly basis since the period ended Nov. 11, 2016, according to Market Watch. Read Market Watch's snapshot of the market The Russell's weekly gain also has the index headed for its best outperformance in about three years against the Dow DJIA, 0.17%, which was lagging behind the small-cap benchmark weekly by 3.35 percentage points, and the technology-laden Nasdaq Composite Index COMP, 0.30%, which was trailing the Russell by 3.76 percentage-points this week. The Russell 2000 index RUT, -0.04% has gained 4.6% so far this week and was on pace to produce gains of at least 1% in three consecutive sessions, which would mark its first time doing so since January 2019, according to Dow Jones Market Data. The surge has been recent as this 30-day Fact Set chart illustrates, showing the Russell in dark blue and the Dow in green and the S&P 500 in pink Caption outside of wrapper for normal article images The Russell's recent advance has pushed it up year to date versus the Dow, with the small-cap index up 16.44%, compared with a gain of 15.89% for the blue-chip benchmark as of Wednesday afternoon trade. Taking a fuller view of the small-cap index shows that it remains more than 10% removed from its all-time high put in on Aug. 31, 2018. However, the Russell index remains behind year-to-date gains for the benchmark S&P 500 index, up 19.34% and the Nasdaq, returning 22.75% thus far in 2019. (news.financializer.com). As reported in the news.

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