Search results for Russell 2000
Crypto
Russell 2000 hits record high but altcoins stay muted
The Russell 2000 has set a record high, but analysts said the move differs from past cycles as altcoins have not followed. They said the correlation between the Russell 2000 and altcoins has turned negative for the first time since July 2016, shaking the altseason narrative. Some analysts cited signs of expanding Federal Reserve liquidity as supportive for risk assets, while others warned technical charts point to weakness and the shift reduces the usefulness of past patterns.
Finance
Citadel Securities sees stock, bond rally as worst-case Iran risk fades
Citadel Securities said the likelihood of a worst-case scenario in the Iran conflict has fallen sharply and that both stocks and bonds could rise together. Nohshad Shah, head of EMEA fixed-income sales, said the risk has moved away from an extreme phase as the chance of a broader escalation declines. He said markets appear to be pricing in fewer tail risks. U.S. stock indexes also rose, with the S&P 500 gaining 1.02 percent.
Telecommunications & Media
Private equity fund backing SpaceX sees 201 percent surge in inflows
Kevin Moss, who runs a private equity fund that offers early investment access to unlisted technology companies, is drawing attention for making Elon Musk\'s space company SpaceX a key holding. The roughly $1.1 billion fund had about $151 million invested in SpaceX as of December, its largest position. As SpaceX listing speculation grew, inflows to the fund surged 201 percent over a year, even as investors receive limited detail on valuations and contributions.