Options traders piled into bullish bets on the Russell 2000 on Tuesday, after the October CPI report sent the battered small-cap index surging to its best day in more than a year.
Target’s stock soared Wednesday following the retail giant’s third-quarter earnings beat, with investors keeping a close eye on the retail sector’s ability boost profit margins.
Technical analysts were upbeat on U.S. small-cap stocks Wednesday as they added to gains, a day after a subdued October consumer price index saw the benchmark Russell 2000 lead a broad equity rally.