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Negative-beta stocks are doing well even when the S&P 500 falls
MarketWatch describes these stocks as bucking broad declines, with a strategist pointing to their appeal during volatility events.
So-called negative-beta stocks, which tend to rise when the S&P 500 falls, are keeping pace with other parts of Wall Street, according to MarketWatch.
The outlet says one strategist argues these names are thriving and could be used to navigate periods when market volatility picks up.
MarketWatch frames the pattern as unusual, noting that the group continues to perform alongside the rest of the market despite the broader index moving lower.
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