A look at the sectors and stocks bucking the U.S. bear market

This translation has been automatically generated and has not been verified for accuracy.Wall Street’s plunge into a bear market after a nearly 11-year bull market has been fast and severe, erasing nearly all the S&P 500’s gains since Donald Trump’s inauguration.

“There are certainly going to be some companies that do much better, and there have been in every crisis,” said J.J. Kinahan, chief strategist with TD Ameritrade. The consumer staples sector includes makers of household goods, such as packaged food and cleaning products like bleach. It also covers supermarket operators, drug stores and other retailers — all companies that have benefited from surging sales as Americans stocked up before bunkering in their homes to help prevent the spread of the coronavirus.

By comparison, the S&P 500 is down nearly 19% this month about 15% from a year ago, and all its 11 sectors are in the red. Only technology stocks are holding on to a slight gain over the past 12 months.

acoyne Globalization taking a huge hit here...

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Extreme market stress puts US$6.4 trillion ETF sector under acute pressureETF liquidity is not infinite, and its cost and quantity are impacted by severe market conditions, just the same as any other security
Source: nationalpost - 🏆 10. / 80 Read more »

Extreme market stress puts US$6.4-trillion ETF sector under acute pressureExtreme market stress puts US$6.4-trillion ETF sector under acute pressure GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »

Global stocks sink after Trump promises virus aidGlobal stock markets sank Wednesday in a third day of wild price swings after President Donald Trump promised aid to get the U.S. economy through the coronavirus outbreak. And Can’t hide how happy they are about this. Now about Canada......! It’s very very sickening to see anyone or the “news” happy with what is going on in the world and to make such far reaches with their “news stories” like they can associate Trump with the actions of others and their countries. come on we’re smarter than that Lol cause hes full of shit and everyone knows it.
Source: CTVNews - 🏆 1. / 99 Read more »