The Big Stock Market Losers Today Are Just Plain Weird

The market is slumping and bond yields are falling, so that can only mean one thing—its risk-off in the stock market. So why are consumer staples and other “safe” stocks the market’s worst performers?


S&P 500

has dropped 1.6%, while the

Dow Jones Industrial Average

has dropped 1.3%. Classic risk off. The 10-year Treasury yield has fallen 0.162 percentage point to 3.373%, another sign that investors are looking for safety. Even the


moved up 3.67%, and back above 20.