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Author Message   Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3830 Registered: 05-2011 Rating: N/A Votes: 0 Posted on Thursday, December 16, 2021 - 2:07 pm:    Growth stocks fumble post-FOMC gains The S&P 500 is down 0.6% in midday action, as the heavily-weighted growth stocks fumble their post-FOMC gains and obscure the gains in the value stocks. On an equal-weighted basis, the S&P 500 is up 0.3%. The Dow Jones Industrial Average is up 0.1%. The underperformance of the growth stocks is best represented by the steep losses in the Nasdaq Composite (-2.0%) and S&P 500 information technology sector (-2.5%), which are down 2.0% and 2.5%, respectively.