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US major indices close higher for the 2nd consecutive day. Gains led by small-cap stocks.

U.S. stocks closed higher, with broad-based gains across the major indices signaling a constructive tone into the end of the session. The small-cap Russell 2000 led the gains with a gain of 0.67%. The rise is indicative of investors willingness to take on riskier assets.

The NASDAQ led the major index move move, rising 0.47%, as technology shares continued to benefit from renewed interest in AI-driven growth themes.

The S&P 500 gained 0.25%, holding near recent highs, while the Dow Jones Industrial Average lagged slightly but still advanced 0.10%.

The overall price action suggests a market that is grinding higher rather than surging, with buyers maintaining control but without aggressive momentum. Under the surface, the tone reflects improving sentiment and selective rotation into growth and smaller-cap names, even as traders remain mindful of macro risks and upcoming catalysts.

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