Were The Market Reversals On The Jobs Data Significant ? - News Summed Up

Were The Market Reversals On The Jobs Data Significant ?


The S&P 500 was level leading up to Friday, and while the S&P 500 futures did drop in initial reaction to the jobs report, the stock market opened higher. So far in 2021, the S&P Growth Index (IGX) has gained 8.5% while the S&P Value Index (IVX) is up 17.4%. The IVX is composed entirely of value stocks, and the IGX of growth stocks. Growth stocks typically exhibit the “strongest growth characteristics”. Growth- Value Tom Aspray - ViperReport.comThe most common method of determining the trend in $IGX versus $IVX is to run a ratio of the two.


Source: Forbes May 09, 2021 20:48 UTC



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