Fred Imbert – CNBC
Small-Cap Stocks Quietly Rise to All-Time High
Summary: The Russell 2000 index hit an all-time high last week, quietly recovering from the February correction. Small-cap companies have benefited from largely being on the sidelines of the recent trade tensions and also stand to see a greater boost from recent tax reforms. Companies in the Russell 2000 derive 21% of their revenues from overseas, on average, while S&P 500 companies derive 30% of revenues from outside of the US.