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Benzinga
Benzinga
Business
Surbhi Jain

Oklo, NuScale, Hims Defy Trump Tariffs - And Power The Russell 2000 Toward New Highs

HIMS Oklo NuScale Donald Trump ETF
Stock trader

As tariff fears ripple across markets with President Donald Trump sending tariff letters to 12 countries, small-cap resilience is stealing the spotlight. The Russell 2000 index is soaring toward creating new all-time highs. The iShares Russell 2000 ETF (NYSE:IWM), which tracks the Russell 2000 index, is up over 25% from April 8 lows.

The recovery is powered in part by a few unlikely stars – Oklo Inc (NYSE:OKLO), NuScale Power Corp (NYSE:SMR) and Hims & Hers Health Inc (NYSE:HIMS) – each bucking macro gloom with year-to-date gains of 159%, 107%, and 95% respectively.

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