Small-Cap Stocks Surge as 56 Rise 10-32% and Russell 2000 Nears First Closing Record High in Three Years

On November 25, 2024, small-cap stocks demonstrated significant performance, with the Russell 2000 Index poised to achieve its first closing record in three years. Broader indices outperformed main indices, driven by strong quarterly earnings, favorable monsoon conditions, and supportive global economic data. Reports indicated that 56 small-cap stocks surged between 10% and 32%, reflecting a robust market environment. Analysts noted that this trend suggests traders may be capitalizing on the momentum in the riskiest segments of the stock market.