Wall St investors turn to defensive stocks as economic concerns grow ...Qatar

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Wall St investors turn to defensive stocks as economic concerns grow
US stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times and tend to offer strong dividends. The healthcare, utilities, consumer staples and real estate sectors have posted gains so far in April even as the broader market has fallen, continuing a trend that has seen them outperform the S&P 500 this year. Their appeal has been particularly strong in recent months, as investors worry the Fed will choke the US economy as it aggressively tightens policy to combat surging consumer prices. Though growth is strong now, several big Wall Street ban

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