The stock market is afraid, but there are pockets of strength if you know where to look
CNN
Investors are very nervous about what's next for America's economy, with market fear gauges spiking. But there are still some bright spots for investors seeking companies that may still report healthy earnings even in a further-weakened economy.
The market is grappling with a lot: interest rate hikes to fight soaring inflation, sharply increasing bond yields, worries about Covid shutdowns in China, fears over Russia's invasion of Ukraine and more.
As a result the tech-heavy Nasdaq is in a bear market, having plunged more than 20% in 2022, and the Dow and S&P 500 have each fallen sharply this year as well. The CNN Business Fear & Greed Index, which measures seven gauges of investor sentiment, is in Fear mode and not far from Extreme Fear levels.
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