US blue chips with fat dividends offer value
The worst may be over. U.S. stocks roared higher for much of last week, reversing Monday’s gut-wrenching losses and leaving major indexes with modest gains at week’s end. Investors concluded that a still-healthy U.S. economy is unlikely to be derailed by a slowdown in China, and took comfort in Thursday’s news that second-quarter gross domestic product grew by a revised 3.7 percent.
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