S&P 500 flirts with record high; chipmakers and small caps jump
The S&P 500 closed higher on Feb 2, lifted by gains in chipmakers and other companies related to artificial intelligence, while smaller companies also rose sharply. The Russell 2000 index jumped about 1 per cent, with the small-cap index significantly outperforming the S&P 500 and Nasdaq so far in 2026.
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