An index of small-cap stocks just notched its first record-high close since 2018

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Suggests that consumers might pull back. Because they are less optimistic about economic conditions. A preliminary index of consumer sentiment fell in the 1st 10 days of this month. That sentiment did not hold back Wall Street, Both the S and P. M. The Russell 2000 index of small cap stocks closed at all time highs. The Dow jumped 400 points more than one and a third percent and the NASDAQ added 1%.

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