Russell 2000 Hits Record Highs, Silver Rallies To $60: What's Moving Markets Tuesday?

U.S. small caps climbed to fresh record highs Tuesday as traders nearly fully priced in a Federal Reserve rate cut at Wednesday's policy meeting.SLV ETF is up 110% year-to-date. Check live prices here.By 12:30 p.m. in New York, the Russell 2000 rose 0.6% to 2,540, extending its breakout as investors rotated into small caps and other rate-sensitive sectors.The CME FedWatch tool showed a 90% chance of a 25-basis-point cut at the Dec. 10 meeting, while Polymarket odds were even firmer at 95%, signaling broad c ...