Stocks are down across the board as the Federal Reserve begins its rate hike cycle, with growth stocks leading the way as soaring interest rates are eroding the value of their future earnings. So far this year, the$罗素1000价值指数ETF-iShares(IWD.US)$is down 12%, while the$罗素1000成长指数ETF-iShares(IWF.US)$has plunged 25%, according to FactSet and Dow Jones market data, giving value stocks their largest lead since 2002. If the 13-point lead con...
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