Small drop for Russell 2000
The small-cap Russell 2000 index joined the other major U.S. indices in losing ground as investors consolidated their gains in anticipation of Wednesday’s meeting of the Federal Reserve. Among specific small-cap stocks, Cutera, Inc. (Nasdaq: CUTR) said its net income missed expectations, while Playboy Enterprises Inc. (NYSE: PLA) reported a strong first quarter.
The Russell 2000 lost 0.97 points, or 0.12 percent, to 830.90. The Dow Jones Industrial Average snapped its five-day winning streak, losing 3.90 points, or 0.03 percent, to 13,309.07.
The Russell 2000 lost 0.97 points, or 0.12 percent, to 830.90. The Dow Jones Industrial Average snapped its five-day winning streak, losing 3.90 points, or 0.03 percent, to 13,309.07.
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