On Monday, the broad market indices posted marginal gains. The S&P 500 gained 0.3%, the tech-heavy Nasdaq Composite added 0.4%, and the Dow Jones Industrial Average rose less than 0.1%. Investors are currently anticipating the May inflation report later this week, while the Fed appears to be in a blackout period.
Following a Dogs of the Dow investment strategy, some portfolios are leaning toward 10 of the highest dividend-yielding, blue-chip stocks, which are part of the Dow Jones Industrial Average. The strategy became popular after the publication of Michael B. O’Higgins’ book, ‘Beating the Dow.’
