Russell 2000 soar over 6% !

From the very beginning of today's US session, the Russell 2000 index, which tracks the so-called "Small-caps" or companies with relatively low capitalization, is rising sharply. While the S&P 500, Dow Jones and Nasdaq rose less than 3% at the opening, Russell 2000 jumped almost  6%! Later in the session the three above-mentioned indices also accelerate. DJIA is already gaining about 3.40%.
 In contrast, in Europe mainly "blue-chip" indexes dominate. DAX, CAC40, Euro Stoxx 50 soar over 4%.

 

The Russell 2000 index (US2000) rose by around 6% today. A huge bull market gap pushed the price towards previous resistance around 1 339 pts. Sentiment on global stock markets remains optimistic and if bulls will manage to  break above it,  then next resistance at 1 373 pts, where the upward movement was stopped at the end of April, may come into play. In the event of shift in sentiment, the level of 1 180 pts points is an important support to look for. Source: xStation5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.