Russell 2000 maintains momentum
The Russell 2000 is holding on to its early gains in afternoon trading, as investors react to better-than-expected economic news. Among specific small caps, Glu Mobile Inc. (Nasdaq: GLUU) reported earnings that outpaced expectations, while news of an increase in profit boosted shares of FortuNet, Inc. (Nasdaq: FNET).
At 2:20 p.m. ET the Russell 2000 added 0.90 points, or 0.11 percent, to 829.36. The Dow Jones Industrial Average was up 8.37 points, or 0.06 percent, to 13,220.25, on track for a third consecutive record close.
At 2:20 p.m. ET the Russell 2000 added 0.90 points, or 0.11 percent, to 829.36. The Dow Jones Industrial Average was up 8.37 points, or 0.06 percent, to 13,220.25, on track for a third consecutive record close.
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