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How is the Russell (RUT) doing so well?

Hey, Y\`all,

I'm curious anyone's thoughts to help explain how the Russell 2000 is holding up surprisingly well in a volatile market. It's doing better than the S&P and the Dow. There haven't been rate cuts, nor are we really expecting rate cuts. Futures should show that oil prices are going to go up and this would hurt small cap more than large cap and value stocks. What am I missing?