During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
U.S. stocks traded higher this morning, following the release of inflation data on Thursday. Following the market opening Thursday, the Dow traded up 0.95% to 35,456.19 while the NASDAQ rose 1.03% to 13,863.35. The S&P 500, also rose, gaining, 0.89% to 4,507.53.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Thursday. The Dow traded up 0.78% to 35,396.50 while the NASDAQ rose 0.84% to 13,837.91. The S&P 500, also rose, gaining, 0.75% to 4,501.35.