Defensive Stocks Avoid a Market Rout as Hershey, Unilever Rise

The stock market has been relatively calm in recent weeks, but investors got a reminder on Thursday of just how quickly volatility can return. After opening relatively flat, major market benchmarks plunged in the afternoon as investors started to lose confidence in how far tech stocks can lead the overall market higher. Losses were most pronounced in the Nasdaq Composite, but the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) weren't able to avoid significant declines.

Index

Percentage Change (Decline)

Continue reading

Source Fool.com