
The Federal Reserve will proceed with another big boost in interest rates later this month as the consumer price index for June might have hit a fresh 40-year high. Although recession fears swirl on Wall Street, investors are keeping good hope in this corporate earnings season, given resilient consumer spending and a steady unemployment rate.
However, many stocks in the healthcare and solar industry held up amid this uncertainty and offered some support to the market with their impressive price performances. Therefore, it could be worth considering these stocks for your portfolio.