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Small Caps Fall Behind Dow by Most in 18 Months as Russell Lags

Small Caps Fall Behind Dow by Most in 18 Months as Russell Lags

(Bloomberg) -- Amid all the talk of new highs and record levels, one section of the equity market is having trouble keeping up. Small-cap stocks, on track for their second weekly decline with a loss of 1.7 percent, are falling further behind benchmark equity gauges.

The S&P 500 is poised to end roughly flat and the Dow Jones Industrial Average is on pace to beat small caps by around 3 percentage points this week, the biggest performance gap since February 2016.

Small Caps Fall Behind Dow by Most in 18 Months as Russell Lags

To contact the reporter on this story: Oliver Renick in New York at orenick2@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Randall Jensen