- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Longer Lines, Fuller Carts This Black Friday
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- 8 Retailers that Gain During the Holidays
- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
RSS FEED
Text Size 
Year to date the Russell 2000 [.RUT
Loading...
()
] has outperformed its large cap counterparts, the Dow [.DJIA
Loading...
()
] and S&P 500 [.SPX
Loading...
()
]. Is the tide turning? This week, the index whose constituents have a median market value that is less than 5% of the median value of an S&P 500 company is down nearly twice as much as the large cap indices. Perhaps the market is suggesting that the current financial crisis will have a greater impact on the smaller companies.
On a YTD basis, the Dow, S&P and NASDAQ are all down nearly 20%, while the Russell 2000 is down less than 10% (see chart). As the global economy weakened, there were expectations that the small caps, with less exposure, might be protected from the softening demand overseas.
 |
Now looking at the past five days, the story is reversed. The Russell 2000 is down nearly twice as much as the other major indices. As of the open this morning, the Russell 200 is down over 8% for the week.
 |
Companies leading the slide this week include
- Fedral Agricultural Mortgage Company [AGM
Loading...
()
] down 77% for the week
- Pilgrims Pride [PPC
Loading...
()
] down 70% for the week
- Dollar Thrifty Automotive [DTG
Loading...
()
] down 53% for the week
- CORUS Bankshares [CORS
Loading...
()
] down 49% for the week
- Cache [CACH
Loading...
()
] down 42% for the week
Comments? Send them to
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
Data is a real-time snapshot *Data is delayed at least 15 minutes