Amdocs, Kroger, Bank of New York Mellon and Valvoline lead a list of stocks that Goldman Sachs calls “insensitive” to market volatility.

Stocks slumped in March as the Trump administration vowed to move ahead with tariffs that put both Wall Street and Main Street on edge. Tariffs are likely to remain top of mind for investors in April.

Energy, basic materials, consumer staples, and utilities were the top sectors in the first quarter. The broader market had its worst quarter since 2022.

Geopolitical tensions are escalating to levels not seen in decades, global trade relationships face unprecedented strain, and persistent inflation continues eroding purchasing power. More than a few high-quality companies are trading at attractive valuations following a rough start to 2025 for U.

The consumer-discretionary and technology sectors took their lumps as President Trump altered U.S. trade policy.

U.S. stocks tumbled in early trading on Tuesday, just a day before President Donald Trump's expected announcement of sweeping new tariffs. The Dow Jones Industrial Average fell 250 points, or 0.6%, while the S &P 500 declined 0.45%. The tech-heavy Nasdaq ticked down 0.3%.

Asian equities rose on Tuesday following Wall Street's overnight gains, while gold hit an all-time peak and Treasury yields fell as markets awaited details of U.S. President Donald Trump's reciprocal tariffs.

Tariff uncertainty and a flagging tech trade dragged the S&P 500 and Nasdaq lower to start 2025.

European defense stocks dominated a historic quarter of outperformance for the region’s equities. And some investors are still trying to increase their positions.