For a short while, it looked like the market was going to bounce back from its early June setback and rekindle its rally.
The S&P 500 is stumbling again, knocking on the door of a new multi-week low, led lower by many of the same AI stocks that led it higher. There may be more downside in store, too. Just keep things in perspective.
There’s nothing particularly unusual about this near-term weakness. In fact, it’s an opportunity to plug into some blue chip stocks that have been severely beaten down. Here’s a look at three of the best bets among these names.