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Updated · Seeking Alpha · May 19Markets Slide as Russell 2000 Drops 2.4% and Nasdaq Loses 1.5%
3 articles · Updated · Seeking Alpha · May 19
- Russell 2000 sank more than 2.4% Friday, marking its worst daily performance since November as a broad market sell-off hit risk assets.
- Nasdaq fell more than 1.5% in the same retreat, underscoring heavier pressure on growth and smaller-cap shares.
- The sell-off was described as significant across markets, with the small-cap slump standing out as the sharpest move of the session.
- Friday's drop points to renewed fragility in investor sentiment after months without a comparably severe one-day hit to the Russell 2000.
As small-cap stocks suffer their worst day since November, are investors facing a historic buying opportunity or a devastating trap? With war, inflation, and a weak jobs report all colliding, is the global economy now facing a 'COVID-scale' contraction?