Published on 15 Apr 2024 on Zacks via Yahoo Finance
5 Safe Stocks to Buy as Severe Volatility Grips Wall Street
April is generally known as favorable to equity investors. However, this year it is turning out to be different. Month to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have tumbled 4.6%, 2.5% and 1.2%, respectively.
For the week ended Apr 12, the Dow plunged 2.4%, marking its worst week since March 2023. The S&P 500 tumbled 1.6%, reflecting its worst week since January 2024. The tech-heavy Nasdaq Composite fell 0.5% during this time.
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