S&P 500 gains 0.6%
US equities advanced, with the S&P 500 up 0.6% and the Russell 2000 outperforming with a 1.8% gain.
The small caps are unusually strong given a perceived narrow tech-led rally and shifting rate.
The Russell 2000 outperformed the S&P 500, indicating a broadening of the earnings-driven rally.