Wall Street investors to remain cautious as volatility persists ...Qatar

News by : (Gulf Times) -
Fresh volatility in US stocks is pushing some investors to hunker down in areas of the market that have been relatively strong during a brutal year for equities, including energy shares, defensive names and dividend-payers. The S&P 500 is down 7% since mid-August, partially reversing a summer rebound after Federal Reserve Chairman Jerome Powell warned the central bank’s single-minded fight against inflation could lead to economic pain. While few sectors of the market have been spared during the index’s 16% selloff this year, some have fared comparatively better, a dynamic investors hope will blunt further losses in their portfolios if asset prices remain volatile. Sectors such as consumer s

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