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Value stocks lagged growth equities on Wednesday, in a choppy trading session as investors assessed fresh U.S. inflation data for April.
The iShares Russell 1000 Growth ETF IWF closed with a gain of about 1%, while the iShares Russell 1000 Value ETF IWD ended down 0.1%, according to FactSet data.
A reading from the Labor Department’s consumer-price…
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