Here's your summary from Russell 2000 Jumps as US Inflation Cools | Bloomberg: The Close 07/11/2024 (https://www.youtube.com/watch?v=qhcyZU1kukg) on the Bloomberg Television channel:

### TLDR:

Small caps and utilities rally as US inflation cools, leading to speculation of Fed rate cuts.

### Key Points:

1. Tech stocks experience a sell-off, with the Nasdaq 100 having its worst day since September.

2. The Russell 2000 sees a 3% increase, reflecting market anticipation of rate cuts.

3. Earnings season outlook is cautious, with expectations of lower earnings surprises and a muted market reaction.

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