Consumer-Staples Stocks Take Their Turn in Limelight

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