NYSE downside volume and the Russell 2000’s retreat from its highs
Yahoo Finance describes cracks beneath a resilient market, pointing to a jump in NYSE downside volume and a decline in small-cap stocks.
TLDR
On September 21, 2026, Yahoo Finance reported that NYSE downside volume had spiked to 54% near year-to-date highs, while small caps such as the Russell 2000 had dropped more than 5% from their highs. Citing BTIG’s Jonathan Krinsky, Yahoo Finance said this specific signal had appeared only 12 times since 1996.
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