Russell 2000 futures dropped to a one-month low.

Russell 2000 futures experienced heavy selling pressure, trading down about 1.8% to 2,229 and marking a one-month closing low. This is the seventh lower close in the last nine trading sessions for the Russell futures, as selling pressure across all major equity index futures intensified toward the end of the day. Driving factors include a focus on economic dynamics moving forward and disappointing market reactions to earnings this week, even when results met or exceeded expectations. Higher beta names and small-cap stocks are under pressure, with the Nasdaq-100 futures also down nearly 2% and S&P 500 futures down about 1.1% on the day.