Small-cap stocks were expected to benefit from the Trump trade but are now being hit hard as the Russell 2000 (^RUT) falls into a bear market, down more than 20% from its all-time high.

RH (RH) is plummeting on its underwhelming earnings and downgrade from Citi, whereas BJ’s (BJ) is popping from its Citi upgrade.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.