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Small-cap stocks appear riskier after interest rates in the bond market recently spiked, with the Russell 2000 index now in correction territory.
The Russell 2000 index
RUT, a broad gauge of small-cap equities in the U.S., finished Monday with a modest gain but remains down 1.6% year to date, according to FactSet data. The index’s sharp fall Friday landed it in correction territory, with a correction defined as a 10% drop from a recent peak, according to Dow Jones Market Data.
This post was originally published on Market Watch
