Stocks that rise when the S&P 500 falls are weirdly keeping up with the rest of Wall Street

Why it matters

The unusual performance of negative-beta stocks amid broader market declines is notable for credit-market professionals as it may signal shifts in risk sentiment and hedging strategies, but it does not represent a fundamental market or policy change.

Sources

• MarketWatch

  Stocks that rise when the S&P 500 falls are weirdly keeping up with the rest of Wall Street

  So-called ‘negative-beta’ stocks are thriving and offer a way to ride out volatility events, says one strategist.