[BRIEFING.COM] Gains continue to build in the major indices. The risk-on bias has translated into outsized gains in small caps and the outperformance of growth stocks.
The Russell 2000 shows a 2.0% gain and the Russell 3000 Growth Index is 2.0% higher. Also, chipmakers have a performance edge, leading the PHLX Semiconductor Index (SOX) to trade 3.1% higher.
Elsewhere, Treasury yields continue to move up. The 10-yr yield is at 4.33%.