
Geopolitical issues, increasing inflation, and interest rate hikes weighed on investors’ sentiments, leading to significant volatility in the stock market. Although the stock market might remain under pressure in the near term, fundamentally sound stocks Pfizer Inc. (PFE) and Honda Motor Company, Ltd. (HMC) could be worth adding to your portfolio.
Despite turbulence in the banking industry and uncertainties ahead, the Federal Reserve is anticipated to approve a quarter-point interest rate increase this week.