Exterior view of a Walmart retailer on August 23, 2020 in North Bergen, New Jersey. Walmart noticed its income bounce in newest quarter as e-commerce gross sales surged throughout the coronavirus pandemic.
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Volatility within the cryptocurrency and inventory market is spooking traders however a handful of shares might provide stable returns with out the drama.
The foremost averages are decrease on Wednesday amid weak point in speculative sectors. A surprising 30% drop within the worth 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 simple insurance policies.
For traders in search of a easy trip, CNBC PRO screened for shares within the S&P 500 with low volatility traits in addition to potential upside in line with Wall Road analysts.