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Small-Cap Decline Could Offer Seasonal Buying Opportunity
By Alan Farley | October 3, 2018 — 10:10 AM EDT Share
The Russell 2000 index hit a two-month low on Tuesday and is flashing warning signs across the broad market. Analysts have interpreted the decline as a rotation out of domestic issues in reaction to the new North American trade agreement, but that news should have had a broadly positive effect. The surging U.S. dollar has added to this confusion because a strong greenback should also underpin small-cap buying interest.