Exterior view of a Walmart retailer on August 23, 2020 in North Bergen, New Jersey. Walmart noticed its income leap in newest quarter as e-commerce gross sales surged through the coronavirus pandemic.
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Volatility within the cryptocurrency and inventory market is spooking buyers however a handful of stocks might supply stable returns with out the drama.
The main averages are decrease on Wednesday amid weak point in speculative sectors. A stunning 30% drop within the value of bitcoin weighed on sentiment, because the digital asset tumbled to round $30,000 at its low of the session, in line with Coin Metrics.
The Cboe Volatility Index, a measure of investor concern, spiked above 23 on Wednesday. The Federal Reserve’s April meeting minutes additionally raised investor fears that inflation might unravel straightforward insurance policies.
For buyers in search of a smooth ride, CNBC PRO screened for stocks within the S&P 500 with low volatility traits in addition to potential upside in line with Wall Street analysts.
