By the Numbers

Investors rush to small caps in hunt for risk

Traders work on the floor of the New York Stock Exchange.
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Demand for small-cap stocks is increasing relative to established large-cap names, a divergence that signals continued risk appetite among investors.

The Russell 2000 index hit a new all-time high of 1,212.82 on Tuesday for the eighth time this year, surpassing its previous high set on Feb. 28.

So far in 2014, the Russell is up 3.5 percent, compared with an increase of 1.4 percent for the S&P 500 and a decline of 1.3 percent for the Dow. The is currently leading the market, up 4.3 percent.