Stock Market Today: Small-Cap Russell 2000 Slumps Into Bear Market
by Kyle Woodley
Jan 27, 2022
2 minutes
The small-cap Russell 2000 fell into bear-market territory Thursday as Lucy yanked the ol' football away from Charlie Brown yet again. For the fourth consecutive day, what markets did in the morning looked nothing like how they finished.
Today's session started off cheerily enough on the back of a pair of positive economic releases. The Commerce Department's Bureau of Economic Analysis said U.S. fourth-quarter gross domestic product (GDP) swelled by an annualized 6.9% quarter-over-quarter, smashing expectations for 5.5% expansion.
Contributing most to Q4's growth was a sharp rise
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