Investors are playing more defense with their stock market portfolios. Even as stocks rebounded on Tuesday, history suggests that a good defense may continue to be a good offense over the next month.
The move into risk-off stocks is highlighted by the strength of utility stocks, now the best-performing sector of 2020. The move into utility stocks began before the Chinese coronavirus hit the markets hard, but has accelerated since fears of a global economic slowdown ticked up on fears of a pandemic. A CNBC analysis of recent trading history suggests that the utility sector should continue to benefit from a more risk-averse market.
According to hedge fund analytics tool Kensho, the defensive trend should continue for at least another month.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: