US Markets
Home›US Markets›Indices›Value Index leads growth this year as chip gains lift…
Value Index leads growth this year as chip gains lift cyclicals
Russell 1000 Value has outperformed the Russell 1000 Growth index this year, supported by gains in chip stocks and a rebound in traditional value sectors.
The WSJ Markets reports that the Russell 1000 Value Index has been beating its growth counterpart so far this year.
The outlet attributes the relative outperformance to early strength in chip stocks, along with a comeback in more traditional value sectors.
The report frames the shift as part of the broader rotation among US equities, where value has regained momentum as certain technology-linked areas, including semiconductors, posted early gains.