These Defensives Could Rebound Despite Recession-Driven Bear Market: Analyst
1. Most sectors are struggling, with defensive stocks showing potential for a rebound. 2. JPMorgan predicts weak recoveries for Tech and Consumer sectors amidst resistance levels. 3. Defensive sectors like Healthcare and Utilities are maintaining strength and may trend upward. 4. S&P 500 faces resistance near 5396 or 5450, risking another support retest. 5. Market remains in bear territory, with downside risks in most sectors.