Dow industrials up 75 points, or 0.3%

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Breaking

Russell 2000 touches closing record for first time in nearly 4 months

The Russell 2000 traded above its record close early Monday, putting the popular gauge of small-capitalization stocks on pace to mark its first all-time high since late January. The Russell 2000 broke above its closing peak at 1,610.71 hit Jan. 23, most recently trading at 1,612.11, a gain of 0.3% early Monday. Small-cap equities have proved more resilient to a torrent of concerns that have plagued their large-cap peers. Importantly, smaller stocks tend to be domestically oriented have avoided worries about trade wars between China and the U.S. and have also enjoyed a boost from the recently enacted tax overhaul, as well as strong earnings and revenue growth. The gain for the Russell also comes as the Dow Jones Industrial Average was up 111 points, or 0.5%, at 24,941, the S&P 500 index showed an advance of 0.4%, while the Nasdaq Composite Index climbed 0.6% at 7,445, with investors attributing the gains on the day to signs of easing trade tensions.

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