Oil prices plunge and stocks soar
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Value stocks have outperformed growth stocks by the biggest margin in years.
Longtime strategist Jim Paulsen says a look at Walmart stock relative to a particular index can offer valuable insights. The S&P 500 has stumbled in recent weeks and even delivered a negative performance in the first quarter of the year as it dropped 4.
The tech-heavy Nasdaq Composite index corrected in March, driven by a combination of concerns about soaring artificial intelligence (AI) spending and the ongoing war in Iran. Weeks later, many of the top AI stocks sit well off their highs.