IWM ETF hits ATH: Here's why Russell 2000 rally will go on
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The iShares Russell 2000 ETF (IWM) has reached an all-time high of $244.8, marking a 51% increase from its lowest point in 2023. This surge is attributed to the American economy avoiding a hard landing.
November 26, 2024 | 6:45 am
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The iShares Russell 2000 ETF (IWM) has reached an all-time high of $244.8, driven by a 51% increase from its 2023 low, as the US economy avoids a hard landing.
The IWM ETF's record high is a direct result of the US economy's resilience, avoiding a hard landing. This positive economic outlook is likely to sustain the ETF's upward momentum in the short term.
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