Investing in a cd energy stocks rose 2

Energy stocks rose 2.4% this week on crude supply concerns; however, for conservative investors, investing in a CD at today’s 12-month rates between 5.20%-5.50% provides a non-volatile income stream amid sector-specific risk. We identified the best CD rates and accounts available today based on interest rates, fees, and more. See our top picks across 6-month, 1-year, and 18-month terms. Those historically high CD yields were driven by aggressive Fed interest rate hikes in 2022 and 2023. Between March 2022 and July 2023, the FOMC hiked rates 11 times, from zero up to a range of 5.25%-5.50%. The Fed’s higher rates were an attempt to cool off the hottest inflation readings since the 1980s, which were themselves the result of economic disruptions from the pandemic. S&P 500 earnings beat rate dropped to 63% versus 75% last quarter, showing slowing corporate momentum; investing in a CD locks in known returns unlinked to earnings cycles.