Market Performance - The stock market is in a risk-on mode, with small-cap stocks showing significant gains [1] - The Russell 2000 index increased by 0.8%, aiming for its seventh consecutive daily gain and potentially marking its third record close of 2025 [1] - The Russell 2000 has risen in 21 of the past 26 weeks, driven by traders' expectations of lower interest rates [1] Major Indices - The S&P 500 rose by 0.5%, while the Nasdaq Composite increased by 0.8%, both on track for record closing highs [2] - The Dow Jones Industrial Average, which had seen gains in the previous six sessions, decreased by 52 points, or 0.1% [2]

Market Overview - The Russell 2000 index rallied by 2.4%, aiming for its first closing high since November 8, 2021, marking a potential end to a 967 trading-day stretch without a record [2] - This would be the longest streak since a 1,022 trading-day stretch that ended in April 2004 [2] Investor Sentiment - Traders are increasingly investing in risk assets, as evidenced by the Invesco S&P 500 High Beta ETF rising by 2.3% [3] - Momentum and growth-focused ETFs are leading the market, indicating a shift in investor sentiment towards stocks and expectations of further rate cuts [3]