Is It Time to Buy the Dow Jones' 2 Worst-Performing November Stocks?
Stocks rallied last month as investors reacted to signs that inflation is coming down and that the Federal Reserve could start slowing its pace of interest rate hikes as soon as next week when the Federal Open Market Committee meets. Of the three major indexes, the Dow Jones Industrial Average (DJINDICES: ^DJI) finished the month up 5.7%, outperforming the S&P 500 and the Nasdaq Composite, as shown in the chart below shows. Two high-profile consumer names were the worst performing of the bunch: Disney (NYSE: DIS) and Apple (NASDAQ: AAPL).
Published:12/4/2022 8:26:03 AM