Published on 10 May 2022 on Insider Monkey via Yahoo Finance
10 Best Dividend Stocks Under $10
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The stock market tumbled further in April, with the Nasdaq Composite falling 13.3%, which was the worst monthly performance recorded since 2008. Similarly, the S&P 500 dropped 8.8% and finished April at levels that were last observed in May 2021. The Nasdaq 100 declined 23% from its record-high in November 2021, and it is in the bear territory amid the broad market sell-off.
The raging inflation is leading the Federal Reserve to be exceedingly aggressive in its interest rates policy. Similarly, investors are concerned about the stagnant global economic growth, due to high oil prices, the Russia-Ukraine war, and an outbreak of Covid-19 in China.