Dow Jones NewsApr 3, 9:41 PM UTC
DJ Russell 2000 Index Closes in Bear Market Territory -- WSJ
By Krystal Hur
Small-cap stocks closed Thursday's session in a bear market.
The Russell 2000 index fell 6.6% on Thursday, marking its biggest daily percentage decline since March 2020. The index comprises small-cap stocks that are sensitive to changes in interest rates.
The bruising losses tipped the index into bear market territory, or a drop of more than 20% from its November high.
That is a sharp about-face from last year, when investors bid up small-caps, betting that a Trump election victory would lead to a boom for businesses big and small.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 03, 2025 17:41 ET (21:41 GMT)
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