US Small cap index Russell 200 has made a new high for the year 2011.
This is a significant development as the major index SPX and Indu are still below their yearly highs.
The small cap index is generally regarded as leading index and its turning up is shows investors confidence in the markets.
Attached is the chart:
This is a significant development as the major index SPX and Indu are still below their yearly highs.
The small cap index is generally regarded as leading index and its turning up is shows investors confidence in the markets.
Attached is the chart:
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