Yahoo Finance’s Jared Blikre breaks down how markets opened on Monday.
Inflation is running amok in the U.S., and that's likely prompting a few fully justified questions about what to do with your portfolio. Between justified fears of inflation contributing to a prolonged bear market and the economic pressure that inflation inherently forces onto investors via rising prices, it's not shocking that people are thinking about selling stocks. Take CVS Health (NYSE: CVS), for example.
PayPal (NASDAQ: PYPL), Airbnb (NASDAQ: ABNB), and Costco Wholesale (NASDAQ: COST) are three great stocks to buy with $5,000 in the market sell-off now. PayPal was one of the first tech stocks to get crushed in the current sell-off after it released a disappointing 2022 outlook in its fourth-quarter earnings report. Macro trends are shifting at a rapid pace, and PayPal did a complete turn from being at a peak to now slowing down.