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Value stocks have outpaced growth in 2024, led by AI and chips
The Russell 1000 Value Index is ahead of its growth counterpart this year, supported by early gains in chip stocks and a rebound in traditional value sectors.
WSJ Markets reports that value has outperformed growth so far this year, with the Russell 1000 Value Index leading its growth counterpart.
The outlet attributes the performance to early gains among chip stocks, alongside a comeback in traditional value sectors.
The comparison highlights how both semiconductors and parts of the value complex have helped drive relative strength versus growth over the period.