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The small-cap Russell 2000 punched through to an intraday record high on Friday, capping a furious 13-day rally that marks the index’s best run since 2020 and signaling that gains are finally broadening beyond the mega-cap tech leaders.
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The benchmark’s sprint to fresh highs comes less than a month after the U.S.-Iran conflict drove it into a 10%-plus correction.
The iShares Russell 2000 ETF (NYSE:IWM) is now up roughly 8.6% over the past two weeks, trouncing the S&P 500’s 1.6% gain over the same stretch, according to Benzinga Pro data.
What’s Driving The Move
A major turning point came on Tuesday when President Donald Trump announced …
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