New York With all the volatility in the market lately, it may seem rash to make much of one week's trading. But value stocks -- companies in sectors like energy, financial services and retail -- have finally started to outperform sexier technology companies and other growth stocks.
Could this be a start of a new trend? A time for value to shine at last? The S&P 500 Value index gained nearly 5% in the past week, while the S&P 500 Growth Index is up about 2.5%. The S&P Technology Sector exchange traded fund, which is home to many of the top FAANG stocks, has increased 2%. Big tech stocks have lagged a bit recently.
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