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Small-cap Russell 2000 drops 2.4%, its worst day since November amid rising Treasury yields

Market News
16 May 2026
Market Watch
View Source
Bearish
pluang ai news

The Russell 2000 index, representing small-cap U.S. stocks, fell 2.4% on Friday, marking its worst one-day decline since November 13. Despite this setback, small caps have outperformed most major indexes except the Nasdaq in 2026. The recent rise in long-term Treasury yields is challenging the sustainability of the small-cap rally, raising concerns about potential further declines ahead.

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Canada commits $500M to support Imperial Metals' Red Chris Block Cave copper-gold project.

Canada commits $500M to support Imperial Metals' Red Chris Block Cave copper-gold project.

The Canadian federal government has pledged $500 million to support the development of the Red Chris Block Cave project, a copper-gold mining operation by Imperial Metals and Newmont Corporation. This funding is part of the Canada-British Columbia Co...

Company Fundamentals
Bullish
1 hour ago
Law firm investigates fiduciary breaches at First Solar, Hub Group, Navan, and ZoomInfo for misleading shareholders.

Law firm investigates fiduciary breaches at First Solar, Hub Group, Navan, and ZoomInfo for misleading shareholders.

Grabar Law Office is investigating claims against officers and directors of First Solar, Hub Group, Navan, and ZoomInfo for alleged breaches of fiduciary duties and securities fraud. The investigations focus on misleading statements and omissions rel...

Market News
Bearish
3 hours ago
Tether freezes 131 Tron wallets linked to ISIS-K after US sanctions update

Tether freezes 131 Tron wallets linked to ISIS-K after US sanctions update

The U.S. Treasury added 134 cryptocurrency addresses linked to ISIS-K, a terrorist group, to its sanctions list on July 1, 2026. Tether promptly froze all 131 Tron wallets associated with these addresses, preventing the use of over $1.4 million in fu...

Market News
Bearish
4 hours ago
BUILDon price jumps 20% with rising volume and open interest, eyeing $0.30 breakout level.

BUILDon price jumps 20% with rising volume and open interest, eyeing $0.30 breakout level.

BUILDon's price surged 20% to $0.2510 alongside a 182% increase in trading volume, driven by strong participation in both spot and derivatives markets. Open Interest rose 21%, indicating new speculative positions supporting the rally. Technical indic...

Technical Signals
Bullish
4 hours ago
Advanced Gold Exploration issues 400,000 shares to acquire Muriel-Marr Project in Ontario mining district

Advanced Gold Exploration issues 400,000 shares to acquire Muriel-Marr Project in Ontario mining district

Advanced Gold Exploration Inc. has issued 400,000 common shares as part of an option agreement to acquire the Muriel-Marr Project, a large land package of 403 mining claims in Ontario's Thunder Bay North district. This acquisition positions the compa...

Company Fundamentals
Bullish
4 hours ago
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