Wall Street weekahead: U.S. funds focus on media stocks, banks to find value as mid-caps rally

The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages.

from Reuters: Business News https://ift.tt/2Cm2Jh6