The US small-cap market made significant gains on Friday, driven by Federal Reserve Chair Jerome Powell’s hint of a potential September rate cut. This move has paired well with improving fundamentals, according to one strategist. The Russell 2000 index saw substantial rewards for investors.
Source: https://www.marketwatch.com/story/small-cap-stocks-surged-on-friday-and-now-theyve-finally-busted-out-of-a-range-e5d612f9