What's on Goldman's List of Top Defensive Stocks?
Defensive stocks may be helpful to counter the market volatility caused by Russia's invasion of Ukraine.
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Defensive stocks may be helpful to counter the market volatility caused by Russia's invasion of Ukraine.
U.S. stocks traded lower Monday, while Treasury bond yield jumped and oil re-asserted its recent seven-year highs, as investors heeded warnings from the White House that Russia could be preparing an invasion of Ukraine as early as this week.
Other stocks on the Goldman Sachs list include Colgate-Palmolive, P&G, Schlumberger, Advance Auto Parts and PPG.
U.S. stocks slumped lower Tuesday, following on from a furious late-session rally on Wall Street that lifted the Dow from a 1,000 point-plus decline to a modest closing bell gain, as investors look to a slate of top-tier earnings and the start of the Federal Reserve's two-day policy meeting.
Jim Cramer looks ahead to next week's earnings and sees more red as investors feel the impact of 'worthless IPOs and SPACs.'