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The announcement from Pfizer on November 9th sent the Russell 1000 to a new all-time high of 2,000.69 on November 13th.
Value factors performed strongly in October. The StarMine Relative Value and, in most regions, Intrinsic Value were among the top-performing factors during the month in every major region.
The S&P 500 Value index also looks attractive on a Price/Book basis, which is an important metric for Financials. The financials sector has the largest weight in the Russell 1000 Value Index.