Bullish
Russell 2000 rises 1.1% to 3,034.49 amid weaker-than-expected job data
The Russell 2000 index increased by 1.1% to 3,034.49 on August 7, 2026, following a report that employers unexpectedly cut 23,000 jobs in the previous month. This weaker-than-expected job data raised hopes that the Federal Reserve might delay raising interest rates, boosting investor confidence in small-cap stocks. ([apnews.com](https://apnews.com/article/9d586bdbf1fb230dcf1f915dcaf50858?utm_source=openai))
Key points
- The Russell 2000 index rose 1.1% to 3,034.49 on August 7, 2026.
- Weaker-than-expected job data increased hopes for a delay in Federal Reserve interest rate hikes.
- The S&P 500 reached a new all-time high of 7,757.64, rising 0.6% on the same day.
- The 10-year Treasury yield fell to 4.64%, indicating a shift in investor sentiment.
Sources
AI-generated from public news sources. Not financial advice.
