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Russell 2000 (^RUT)

Chicago Options - Chicago Options Delayed price. Currency in USD
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2,201.05+0.88 (+0.04%)
At close: 4:30PM EST
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Previous close2,200.17
Open2,201.30
Volume0
Day's range2,165.86 - 2,232.29
52-week range966.22 - 2,318.09
Avg. volume4,963,263,278
  • Value Outshines Growth: 5 ETF Winners
    Zacks

    Value Outshines Growth: 5 ETF Winners

    The combination of factors will result in increased industrial activity and pickup in consumer demand, thereby lifting value stocks.

  • Investors Make a Triple-Leveraged Bet Tech Pain Won’t Last
    Bloomberg

    Investors Make a Triple-Leveraged Bet Tech Pain Won’t Last

    (Bloomberg) -- As hordes of day traders show their force in markets once again, a triple-leveraged exchange-traded fund that tracks the Nasdaq 100 is on pace for its best week of inflows on record.The $11 billion ProShares UltraPro QQQ ETF (TQQQ) has attracted almost $800 million of fresh cash in the span, according to data compiled by Bloomberg. The fund has lured substantial inflows despite a price drop of more than 6% amid a selloff in large technology companies. It fell again on Thursday, joining broader equity-market losses.The high-flying tech names that have led the bull market in stocks from pandemic lows have faced ongoing turmoil as Treasury yields climb and high valuations become increasingly unpalatable. In the meantime, expectations for broader economic reopenings are breathing life into the long-neglected value shares -- putting the Russell 2000 Index of small caps on track to beat the Nasdaq 100 for a sixth straight month.“When you’re investing into anything that’s triple leveraged, that’s absolutely a speculative tool,” said Chris Gaffney, president of world markets at TIAA Bank. Is it investing or gambling? That’s the line you start walking down.”TQQQ is a favorite among retail investors who re-emerged late Wednesday, sending Reddit-favorite stocks soaring. The ETF is currently listed as the security with the 14th highest volume of orders on Fidelity’s website.“You still have very solidly positive sentiment on the part of individual investors,” said Brian Nick, chief investment strategist at Nuveen, the investment arm of retirement-savings giant TIAA. “As long as retail investors remain bullish, you could continue to see volatility in some of these popular names.”(Updates prices.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • 'We still believe the market is ripe for a pullback': Analyst
    Yahoo Finance

    'We still believe the market is ripe for a pullback': Analyst

    With the markets at all time highs, "corrections may be coming," followed by more gains," says Tony Dwyer, analyst at Canaccord Genuity. "We still believe the market is ripe for a pullback, but the focus should remain on our core fundamental thesis and the global reflation theme," Dwyer wrote in a note to investors.