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Small company stock are a bright spot

6:06 AM, May 21, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - Wall Street got off to a subdued start for the week. But there was a bright spot: small-company stocks.

The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow industrials, the Standard & Poor's 500 index and the Nasdaq composite index all edged lower.

The Russell 2000 rose 1.70 points, or 0.2 percent, higher at 997.98. The index climbed as high as 1001.50 at midday.

The Dow closed down 19.12 points, or 0.1 percent, at 15,335.28, paring its gain for the year to 17 percent. The S&P 500 index fell 1.18 points, or 0.1 percent, to 1,666.29.

The Nasdaq composite index fell 2.53 points, or 0.1 percent, to 3,496.43 points.

 

 

 

 

 

 

 

Associated Press

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