Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year

Key Points

The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year.
A correction is defined as a decline of more than 10% and less than 20% from a recent high.
Small caps are especially sensitive to changes in oil prices and a slowdown in the economic cycle.

Source

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