The Russell 2000 (NYSE:IWM) gave up early gains today to slip for the fourth consecutive week, finishing off the first month of the year with a sizable loss of 11.2%. Some of today’s small-cap gainers were Horizon Lines (Nasdaq:HRZN), Accuray (Nasdaq:ARAY) and Clearwater Paper (NYSE:CLW).

Other Market Watch highlights today included:

• The GDP report headline figure came in at minus 3.8%, which was much better than expected.
• Even though the number beat the projection, it was still the worst showing for the U.S. economy since 1982.
• The Chicago headline figure came in at 33.3, which was below the forecast of 34.9.
• The Goldman Sachs Analyst Index, a survey of Goldman’s equity analysts across a range of sectors, fell to an all-time low in January.
• The Dow fell 8.8% in January, while the S&P 500 was off 8.5%. This marked the worst start to the year in history for the stock market.
• Looking ahead to next week, we’ll see another full slate of reports starting out with the ISM Manufacturing Survey on Monday and then heading into the main event – Friday’s big monthly employment release.

Small Cap Gainers:

• Horizon Lines posted a surprise adjusted Q4 profit; shares rocketed 19%. See (NYSE:HRZ).
• Accuray climbed 26% after Q2 profit met estimates. See (Nasdaq:ARAY). 
• Clearwater Paper closed up over 11% after announcing Q4 and . . .

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