E-mini Russell 2000 (RTY)

Definition

The E-mini Russell 2000 (RTY) is a futures contract based on the Russell 2000 index, which measures the performance of 2,000 small-cap U.S. companies. Each point is worth $50. It is widely used as a barometer for the domestic economy because small-cap stocks tend to be more sensitive to U.S. economic conditions than their large-cap counterparts.