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Politics & Economics

Can investors ride the yuan wave?

cnbcInvestors are bracing for what could be a bumpy ride after the People’s Bank of China devalued the yuan by nearly 2 percent overnight.

The VIX index, which measures market volatility, peaked at more than 14 percent Tuesday afternoon. Meanwhile, the Dow plunged over 200 points, the S&P 500 slipped by about 1 percent and the NASDAQ 1.26 percent.

Is there safe harbor for investors? Analysts offer a few key stocks that may be stable picks.

Check out the full article on CNBC here.

Photo via Thomas Hawk under Flickr CC.

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