IWY: War Eases Valuations, Creating Attractive Opportunities For Dip Buyers

2026-03-09 15:36:42 ET

The US-Israel-Iran war accelerated the much-needed correction in the tech-heavy growth category, helping to ease overheated valuations as investors turned risk-averse. Year-to-date, iShares Russell Top 200 Growth Index ETF ( IWY ) plunged into negative territory, down 6% in the past six months. The S&P 500 also breaks its key support levels as heavyweight tech weighs on its performance. There are several reasons to be cautious about a further drop, including the risk of a massive surge in oil prices, which could stoke inflation and affect economic growth rates....

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