The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Middle East crisis triggered a broad selloff in Russell equity segments in March, halting a year-long rally. The 12-month forward P/E ratios significantly derated for the Russell 1000, Top 200, and large- and small-cap Growth indices. Tech and Growth stocks were hit harder due to heavy exposure and valuation expansion over the last three years.