Russell 2000 Recovers at Unprecedented Pace
The Russell 2000 index of small U.S. stocks has gained 99% since the bottom in March. It took just 192 trading days to generate those returns, beating the previous record of 262 trading days in 2009-2010.
The pace of the recovery in small-cap stocks is without precedent. It reflects the dramatic change in conditions since March, including the development of multiple coronavirus vaccines. Between the beginning of June and the beginning of November, the Russell 2000 had been essentially flat, at a level about 10% below the pre-pandemic peak.
Since then, the index has gained 27%, and is now up 18% since the start of 2020.
Russell 2000 Up 99% Since March, and Two More Numbers to Know Published: Dec. 21, 2020 at 5:00 a.m. ET By
Russell 2000 Recovers at Unprecedented Pace
The Russell 2000 index of small U.S. stocks has gained 99% since the bottom in March. It took just 192 trading days to generate those returns, beating the previous record of 262 trading days in 2009-2010.
The pace of the recovery in small-cap stocks is without precedent. It reflects the dramatic change in conditions since March, including the development of multiple coronavirus vaccines. Between the beginning of June and the beginning of November, the Russell 2000 had been essentially flat, at a level about 10% below the pre-pandemic peak.