Just shy of a record
April 16 (SmallCapInvestor.com) –The Russell 2000 index is close to its record high in midday trading today, as stocks are boosted by news of strong results in the financial sector and a drop in the price of oil. Fremont General Corporation (NYSE: FMT) is up following news it will sell $2.9 billion worth of loans, while shares of Streamline Health Solutions Inc. (Nasdaq: STRM) secured a new client, lifting its stock price.
At 1:41 PM the Russell 2000 had added 9.46 points, or 1.15 percent, to 828.84, within reach of its record close of 829.44. The Dow Jones Industrial Average was up 99.79 points, or 0.79 percent, to 12,711.92.
At 1:41 PM the Russell 2000 had added 9.46 points, or 1.15 percent, to 828.84, within reach of its record close of 829.44. The Dow Jones Industrial Average was up 99.79 points, or 0.79 percent, to 12,711.92.
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