U.S. Big Cap Stocks Turn Into World’s Top Haven as Risk Rises

“Big Tech has shown resilience, especially the FAANG names,” Eric Beiley, executive managing director of wealth management at Steward Partners Global Advisory, said in an interview. “Investors saw some of those stocks down at least 20% as a buying opportunity. Cyber stocks have also been a bright spot, while semis are attractive since they’re the backbone of the digital world.”