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Investors are rediscovering the charms of boring stocks.

Anxieties over the Federal Reserve’s plans to tame inflation by raising interest rates have buffeted the stock market, sending the S&P 500 down 13% this year and 8.8% in April, alone. Technology stocks have faced particularly intense pressure, leaving the Nasdaq Composite off 20% for the year and 13% for the month.

Source: WSJ

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