Russell 2000 rising

The Russell 2000 (NYSE:IWM) has turned around and is posting healthy gains. At 2:03 p.m. ET, the small-cap index had added 4.94 points, or 0.72%, to 691.01. The Dow Jones Industrial Average was up 37.12 points, or 0.30%, to 12,339.18.

Small-cap stocks have once again reversed course, this time bouncing off their session lows and trending higher. The index moved into positive territory at about 12:30 p.m. ET.

The rebound may be due to investors reacting to news before the opening that regional banks posted first-quarter results that exceeded expectations.

Among the winners is small-cap Enterprise Financial Services Corp. (Nasdaq:EFSC), the parent company of Enterprise Bank & Trust of St. Louis, Mo. Enterprise Financial announced . . .

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