Small company stocks take limelight as Russell 2000 index climbs above 1,000 for first time

NEW YORK — Small companies are taking the limelight on a choppy start to the week.

The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is outpacing the Dow Jones industrial average and the Standard & Poor's 500 index this year.

Small stocks are doing well partly because they are less exposed to Europe's economic woes than large companies.

FILE - In this Tuesday, May 7, 2013, photo, specialist Charles Boeddinghaus works at his post on the floor of the New York Stock Exchange. Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. (AP Photo/Richard Drew)

The Dow fell 19 points to close at 15,335, a loss of 0.1 percent.

The S&P 500 fell a point to 1,666, or 0.1 percent. The Nasdaq composite fell two points to 3,496, or 0.1 percent.

The Russell rose a point to 998.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.2 billion shares.

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