Macroeconomic headwinds such as slow economic growth and recessionary fear are weighing on investor sentiments. Therefore, take a look at quality dividend-paying stocks NuStar Energy L.P. (NS), Spirent Communications plc (SPMYY), and Westlake Chemical Partners LP (WLKP), which could help survive a market downturn.
On Monday, US stocks experienced a decline as investors assessed the impact of the seizure of First Republic Bank, the second-largest bank failure in US history. The timing of the seizure, just before an anticipated interest rate hike by the Federal Reserve, added to the uncertainty.
