Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market

[muriel_volestrangler]

Small-cap stocks, which were once thought to be primary beneficiaries of President Donald Trump’s policies, entered bear market territory on Thursday after a massive stock market rout that followed the administration’s sweeping and aggressive tariff rollout.

The Russell 2000 Index was down more than 5% on Thursday, bringing its losses from its November 25 record close to about 21%. On Wall Street, a 10% pullback is considered a correction, but a 20% decline is a bear market. The S&P 500 and Nasdaq Composite are both in correction territory, while the Dow Jones Industrial Average is just below that mark.
...
And the group is particularly sensitive to economic shifts given their small size, and therefore less financial flexibility as large-cap stocks. JPMorgan predicted that if Trump’s sweeping new reciprocal tariffs remain, the U.S. economy will likely fall into a recession.
...
“Small caps, in the first half of an economic recession, are usually down 13%, so it’s already worse than where we were for the average recession,” said Steven DeSanctis, an equity strategist covering small- and mid-cap companies at Jefferies, in an interview with CNBC. “For the average bear market, small caps are down 26%, so we’re nearing that number.”

https://www.cnbc.com/2025/04/03/small-cap-benchmark-russell-2000-becomes-first-major-us-stock-measure-to-enter-bear-market.html

Well, no surprise that it's the smaller guys Trump screws first.

[Bernardo de La Paz]

1. Emphasis on first. Unlikely to be last. . . nt

[FloridaBlues]

2. Voters just couldn't leave well enough alone... No they had to go again with this idiot trump

A steady strong economy wasn’t enough, a great relationship with our allies, for what? Threw it all away along with our Democracy.