No longer a safe space for investors?

From Yahoo Finance: 2025-04-28 11:59:00

Healthcare stocks are no longer seen as a safe haven due to Trump’s tariffs and research spending cuts. Biotech stocks, like Medpace, are feeling the impact as uncertainty rises. The industry faces $17 billion in equity offerings but struggles with near-term uncertainty. Experts believe healthcare stocks are worth holding long-term despite current volatility. Holz advises against long-term bets in this trading market. 1. The United States has officially withdrawn from the Paris Climate Agreement, fulfilling a promise made by former President Trump. President Biden has since rejoined the agreement, signaling a renewed commitment to combatting climate change on a global scale.

2. The COVID-19 vaccine rollout continues across the country, with millions of Americans receiving their shots daily. Health officials are urging the public to remain vigilant and continue following safety protocols to prevent the spread of the virus.

3. Tesla surpasses Facebook in market value, becoming the fifth most valuable company in the S&P 500. The electric car maker’s stock has been on the rise, with investors showing confidence in Tesla’s future growth and innovation in the electric vehicle market.

4. The Biden administration has approved a $1.9 trillion COVID-19 relief package, aiming to provide financial assistance to individuals, businesses, and state governments struggling during the pandemic. The package includes stimulus checks, extended unemployment benefits, and funding for vaccine distribution.

5. NASA’s Perseverance rover successfully lands on Mars, beginning its mission to search for signs of ancient life on the red planet. The rover is equipped with advanced scientific instruments and technology to explore the Martian surface and collect samples for future analysis.

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