An effective vaccine could be the turning point for value stocks, but perhaps not just yet

first_img– Advertisement – – Advertisement – Value stocks have been on a tear in the last week after positive vaccine news from Pfizer and BioNTech raised hope of the U.S. economy staging a fast recovery next year. However, investors loading up on beaten-down value names should brace for some volatile swings as risks to the group linger.The iShares Russell 1000 Value ETF (IWD) rallied 5.7% last week after Pfizer and BioNTech said Monday that their coronavirus vaccine candidate was more than 90% effective at preventing the coronavirus during a late-stage trial. Value’s gain came at the expense of high-flying growth stocks. The iShares Russell 1000 Growth ETF (IWF) lost 1.2% last week.center_img Traders work the floor of the New York Stock Exchange.NYSElast_img

The Latest: Liverpool could win title at home after all

first_imgChelsea has been declared Women’s Super League champion after the season was stopped because of the coronavirus pandemic.The English Football Association’s board decided to determine the final standings on a points-per-game basis. Manchester City was a point ahead of Chelsea but had played an extra game when the season was suspended in March.Chelsea had seven games remaining.City will still qualify for the Champions League with Chelsea. Liverpool has been relegated.___ June 5, 2020 Associated Press More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The Latest: Liverpool could win title at home after all Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Liverpool could win the Premier League title at home after all. Police originally indicated they wanted Liverpool’s second game after the restart against Crystal Palace to be staged at a neutral venue because of concerns that supporters could congregate outside Anfield.But the league now says the game on June 24 is scheduled to be at Liverpool’s home stadium.The Merseyside derby against Everton could still be played away from Goodison Park on June 21. The league says the venue is still to be confirmed.Liverpool leads Manchester City by two points and is two wins from ending its 30-year title drought. But Liverpool could clinch the trophy in its first game back against Everton if City loses to Arsenal on June 17.___last_img read more

WBA sanctions maiden pro fight night in India

first_imgNew Delhi, Feb 19 (PTI) In a massive fillip to the still nascent professional boxing scene in India, the country will host its maiden WBA-sanctioned fight card here tomorrow under the aegis of the Indian Boxing Council. The six bouts to be held at the Sri Fort Sports Complex, will be all-Indian affairs featuring national-level boxers with officials from the World Boxing Association (WBA) supervising the fights which will be conducted by the Indian Boxing Council (IBC). WBA is one of the four international bodies which sanction title bouts in professional boxing. The four-round contests will feature Siddharth Varma (super welterweight), Sukhwinder (cruiserweight), Manoj Grewal (heavyweight) and Sumit Rangi (heavyweight) who have had national careers over the last 10 years in addition. “India is going to become a great country in the professional circuit. We are mighty impressed with how the IBC is moving forward in promoting professional boxing,” WBAs Regional development Adviser Stanley Christodoulou told PTI. Christodoulou was inducted into the International Boxing Hall of Fame in 2004. He was the first man to referee world title fights in all 17 weight categories, and the third to oversee 100 world title bouts. MORE PTI PM SSC SSClast_img read more