Thursday, May 6, 2010

UPDATE: US Small-Cap Stocks Post Huge Percentage Drop - WSJ.com

UPDATE: US Small-Cap Stocks Post Huge Percentage Drop - WSJ.com

NEW YORK (Dow Jones)--An afternoon freefall Thursday didn't spare U.S. small-capitalization stocks, which posted their biggest percentage drop since last July.
Small-cap stocks fell even more steeply than larger stocks as the slide in major stock measures turned a morning of Greek-debt worries into a flashback of the financial crisis. As investors fled risky assets, the Russell 2000 index of small-capitalization stocks tumbled 26.35 points, or 3.8%, to 672.23, marking the largest percentage drop since July 2, 2009, when it fell 3.9%. The Dow Jones Industrial Average, in comparison, ended Thursday down 3.2%.
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