Again…Dow up, Russell 2000 down
The Dow gained despite news of disappointing economic data, while the Russell 2000 fell for the second day. Among small caps, shares of II-VI Incorporated (Nasdaq: IIVI) dropped due to an earnings forecast that missed expectations, while news of a partnership with Boeing raised shares of iRobot Corporation (Nasdaq: IRBT).
The Russell 2000 lost 1.19 points, or 0.14 percent, to 826.36. The Dow Jones Industrial Average set a new record close, adding 34.54 points, or 0.27 percent, to 12,953.94.
The Russell 2000 lost 1.19 points, or 0.14 percent, to 826.36. The Dow Jones Industrial Average set a new record close, adding 34.54 points, or 0.27 percent, to 12,953.94.
For access to the full article, you must be a registered member - it's FREE.
Already a member? Please log in below
Not Registered?
Register today and enjoy all that SmallCapInvestor.com has to offer, including:
- Daily small cap stock profiles.
- Intra-day coverage of Russell 2000 companies.
- Research and insights from our analysts.
- Special reports.
