Russell 2000 futures post a closing high for the first time since November 2021.

The rally in equities continued, with the S&P 500 futures, Nasdaq-100 futures and Dow futures all reaching new highs. The Russell 2000 futures also broke out to a new all-time high, the first since November 2021. Small-cap companies tend to benefit from lower interest rates as they rely on external funding, and the CME FedWatch Tool is now forecasting two more rate cuts this year. Options volume has been on the rise in recent sessions. In the crypto markets, Bitcoin futures and Ether futures rallied as CME Group plans to list options on Solana and XRP futures for the first time, extending regulated crypto derivatives. The new contracts will include both standard and Micro-sized futures.