Russell 2000 rises 0.99% in midday trade as AI shares rebound
Published on 11/11/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRussell 2000 advances in midday trade
- The Russell 2000 stood at 2,849.38 points at 12:33 p.m. Eastern time on November 11, up 0.99% from the previous session's close.
- CoreWeave's results and raised outlook helped revive the artificial-intelligence trade, while Nvidia and other chip-related shares also advanced.
- Higher interest-rate expectations and the previous day's inflation surprise remained important risks for smaller companies.
The Russell 2000 was trading at 2,849.38 points at 12:33 p.m. Eastern time on Wednesday, November 11, equivalent to 6:33 p.m. in Berlin. The small-cap index was up 28.00 points, or 0.99%, from its previous-session close of 2,821.38, according to market data for the Russell 2000. The U.S. cash session was still underway, so the figure was an intraday level rather than a closing value.
AI rebound supports small-cap sentiment
The advance came as investors returned to parts of the artificial-intelligence trade after a sharp sell-off in the previous week. Reuters reported that Wall Street opened higher after CoreWeave's results eased concerns about excessive AI spending. At the opening bell, the S&P 500 gained 0.97% and the Nasdaq Composite rose 1.54%, while the Dow moved only slightly higher, according to Reuters, republished by Fidelity.
CoreWeave shares rose after the company reported a smaller quarterly loss than expected and raised its revenue forecast. The report helped lift other AI-linked companies, including chip and data-center suppliers. The Associated Press said CoreWeave was up 21.9% at 10:45 a.m. Eastern time, while Nvidia, Micron Technology and Broadcom also gained. The report also highlighted CoreWeave's planned use of customer prepayments and other cash sources to help fund expansion, as borrowing costs remain elevated. Those details were described by the Associated Press.
Rates remain a risk for smaller companies
The Russell 2000's move came one day after the index fell 0.68% as a hotter-than-expected inflation reading pushed Treasury yields higher and strengthened expectations of possible additional Federal Reserve rate increases. Smaller companies can be particularly sensitive to financing costs because many rely more heavily on borrowing to fund expansion. The bond market was closed for Veterans Day, limiting fresh rate signals during Wednesday's equity session, according to the AP report.
At the reported time, the Russell 2000 had recovered much of the prior day's decline but had not yet established a closing level. Investors were therefore still assessing whether the AI-led rebound could broaden beyond technology-related shares and provide durable support for small-cap stocks. The Russell 2000 topic page provides further index coverage.
