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The stock market’s identical twins are looking like opposites. Just look at exchange-traded funds that invest in large, fast-growing U.S. companies. The iShares Russell 1000 Growth ETF is up 4.6%, while Invesco S&P 500 Pure Growth has gained 24.3%.
Value stocks are putting up big gains this year that widely surpass growth equities, with investors appearing optimistic about earnings growth broadening beyond technology.
ETFs to watch as Wall Street turns upbeat, with bullish forecasts putting the S&P 500 on track for 8,000 by 2026.
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