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Since the yield surge began in mid-February, the Russell 1000 growth index has fallen 7.7% against a 1.8% gain for its counterpart value index consisting of cyclical stocks such as financials and energy. On the other hand, the information years is a huge growth time for the sector, and now it is a normal part of day to day l Ordinarily to set up a bet you had to visit the race course, or potentially to a smallish, back-street store on the worst side of town. Hopes of more fiscal support and signs of faster economic growth on speedy vaccine rollouts had lifted Wall Street’s main indexes to record highs last month, but worries that rising inflation could result in a sudden tapering of monetary stimulus have now prompted investors to dump equities.
Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1% and 1.
