Advertisement
UK markets open in 1 hour 20 minutes
  • NIKKEI 225

    37,095.27
    -984.43 (-2.59%)
     
  • HANG SENG

    16,183.07
    -202.80 (-1.24%)
     
  • CRUDE OIL

    84.70
    +1.97 (+2.38%)
     
  • GOLD FUTURES

    2,397.40
    -0.60 (-0.03%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • Bitcoin GBP

    49,810.85
    +390.82 (+0.79%)
     
  • CMC Crypto 200

    1,282.38
    +396.84 (+43.39%)
     
  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     
  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     

3 Stocks to Add to Your Portfolio in the Event of a Market Downturn

3 Stocks to Add to Your Portfolio in the Event of a Market Downturn

The Nasdaq Composite had its best January in more than 20 years this past month, which is a promising sign for investors. The index, primarily made up of technology stocks, was up 10.7% in January, the best return in January since 2001. It was a bit unexpected as many market watchers predicted that there could be another correction in 2023, due to projections that an economic slowdown, and potentially a recession, is possible, given the rapid rise in interest rates.