Russell 2000 Extends Records, Meta Jumps 5%: What's Moving Markets Thursday?
Optimistic
35.0
U.S. stocks surged by midday Thursday after stronger-than-expected economic data powered small caps to fresh record highs and eased lingering geopolitical concerns.
By 1:40 p.m. in New York, the Russell 2000 jumped 1.1% to 2,730 points, breaking into uncharted territory and extending its year-to-date gains to 10%.
Large-cap benchmarks also advanced. The S&P 500 rose 0.9%, the Nasdaq 100 climbed 1% and the Dow Jones Industrial Average added 1%.
Risk appetite improved after investors shrugged off early-week jitters tied to comments from President Donald Trump on Greenland. Sentiment turned decisively positive after Trump announced plans to suspend proposed tariffs on several European countries, citing a framework agreement reached following talks with NATO leadership.
Macro data reinforced
By 1:40 p.m. in New York, the Russell 2000 jumped 1.1% to 2,730 points, breaking into uncharted territory and extending its year-to-date gains to 10%.
Large-cap benchmarks also advanced. The S&P 500 rose 0.9%, the Nasdaq 100 climbed 1% and the Dow Jones Industrial Average added 1%.
Risk appetite improved after investors shrugged off early-week jitters tied to comments from President Donald Trump on Greenland. Sentiment turned decisively positive after Trump announced plans to suspend proposed tariffs on several European countries, citing a framework agreement reached following talks with NATO leadership.
Macro data reinforced
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
