Value Stocks Outpace Growth In First Months Of Year

Value began to outpace growth in 2016 after investors bid up new internet and technology companies to lofty valuations over the past decade. The S&P 500 Growth index fell 3.52% year to date after a 1% slide in February, versus a 1.38% decline of the S&P 500 Value index after it etched a 0.21% gain for the month. The switch in the young year offers little evidence that a long-term trend will continue to reverse: The growth index has beaten value over the past one-, three-, five- and 10-year perio...