Source: https://mochatrade.com/learn/glossary/russell-2000

# Russell 2000
URL: https://mochatrade.com/learn/glossary/russell-2000
Last modified: 2026-10-17

The Russell 2000 is about two thousand smaller American listed companies, the standard measure of US small caps. They borrow more at floating rates and sell mostly at home, so [a Fed move reaches them first and hardest](https://mochatrade.com/learn/us-market-structure/how-the-fed-moves-markets). When the Russell outruns the S&P 500, the market is pricing an easier Fed or [a stronger American jobs market](https://mochatrade.com/learn/us-market-structure/us-jobs-report-explained).

## Related terms

- S&P 500: https://mochatrade.com/learn/glossary/sp-500
- Nasdaq 100: https://mochatrade.com/learn/glossary/nasdaq-100
- NASDAQ: https://mochatrade.com/learn/glossary/nasdaq
- NYSE: https://mochatrade.com/learn/glossary/nyse
- Dow Jones Industrial Average: https://mochatrade.com/learn/glossary/dow-jones-industrial-average
- Initial jobless claims: https://mochatrade.com/learn/glossary/initial-jobless-claims