Is This a 'Buy the Dip' Moment for U.S. Stocks?
6:35 AM - Apr 2
By Gunjan Banerji
Some investors smell a buying opportunity in U.S. stocks after a tumultuous stretch.
Investors have waded back into markets this week, helping send all three major indexes higher for the week.
Thorne Perkin, president at Papamarkou Wellner Perkin, said the trade fight hasn't dented his optimism about U.S. stocks, and he thinks the recent selloff has been far too severe. The S&P 500 just finished its worst quarter since 2022, and measures of consumer and investor sentiment have tumbled.
"Every time sentiment gets this bearish...whenever it's this kind of hopeless feeling, that's generally a time to go in," Perkin said. "I think it will all be okay."
Of course, investors will learn a lot more about how the tariffs will shake out more on Wednesday.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).