S&P 500 Just Wiped Out $3 Trillion: Why This 0.35-Beta Stock is a Safe Haven

We just published the list of Forget the High-Beta Hype: 10 ‘Sleep Well at Night’ Stocks to Buy Now and Jazz Pharmaceuticals (NASDAQ:JAZZ) ranks 6th on this list.

Yahoo Finance reported that the S&P 500 fell more than 4% on Thursday, November 5, its worst day since the April 2025 tariff crash, erasing roughly $3 trillion in market value. The Nasdaq slid into a correction, and the PHLX Semiconductor Index dropped 12%, its worst session since March 2020.

The shock rippled well beyond one...