Finance TV reports that the Russell 2000 small-cap index rose 0.7% today, benefiting from cyclical exposure as manufacturing PMI data hinted at a rebound in domestic activity. “For somebody who’s not involved with government, at all, he believes that that process is important,” Maviglio told CNN. “It’s a sort of amateurish view of the way government works, because if you haven’t experienced [it], you don’t really know the ugly side of sausage making.” According to Finance TV’s closing bell recap, market volatility index VIX fell to 12.9, its lowest reading of the year, suggesting investor complacency even as macro risks linger. Finance TV highlighted Nasdaq’s 1.2% jump to 17,420, powered by mega-cap growth stocks. Market breadth improved, with over 70% of listed companies advancing, indicating underlying strength despite high valuation risks.
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