Growth stocks like Amazon are getting slammed during this October rout, but value names see buyers – CNBC

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CNBC

Growth stocks like Amazon are getting slammed during this October rout, but value names see buyers
CNBC
Investors dumped technology and other growth stock winners Wednesday in favor of defensive and value names, a trend that has accelerated as interest rates rise. Stocks fell sharply Wednesday, with the Dow down as much as 400 points or 1.5 percent.