Investors’ confidence has taken a hit due to macroeconomic issues. As bear-market risks remain, I think it is ideal to invest in quality dividend stocks, Bristol-Myers Squibb Company (BMY) and Gilead Sciences, Inc. (GILD), that can ensure a steady income source.
On Monday, the S&P 500 experienced minimal advancement and concluded the day with a slight increase from its lowest point of the session. This was due to the rise in U.S. Treasury yields as investors braced for this week’s testimony from Federal Reserve Chair Jerome Powell and the release of the February jobs report.
