US small-cap shares have slipped into correction territory, with the Russell 2000 down 2.8% for the week, slightly worse than the Nasdaq Composite's 2.5% fall.
01Summary
- 01The Russell 2000 fell 2.8% over the week.
- 02That puts small-cap stocks in correction territory.
- 03The Nasdaq Composite declined 2.5% in the same period.
- 04The story gives no further reason for the move.
02Why it matters
The decline matters because small-cap shares are often seen as a barometer of domestic US economic sentiment. A correction can also affect a broad range of investors who track US equity indices.
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