Investors Just Pulled the Most Cash From Small Caps in a Decade

  • Concerns mount over political turmoil, elevated valuations
  • Pain in smaller stocks has some readying for selloff

Canaccord's Dwyer Sees Low VIX as Buying Opportunity

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The small-cap trade got a lot less crowded.

Investors pulled $3.5 billion from the biggest exchange-traded fund that tracks the Russell 2000 Index last week, spooked by the steepest selloff in the domestically focused stocks since before Donald Trump’s surprise election win.