Data Shows Growth Against Value Stocks May Be Shifting
September 16, 2019 at 08:00 AM EDT
After four green days in a row for U.S. markets, stocks closed slightly lower Monday, selling off during the session but then rebounding some toward the close. As a result, the S&P 500 closed little changed for the session, but value stocks, which typically have low multiples and stable fundamentals, significantly outperformed their growth counterparts.