Nvidia and 4 More Stocks That Can Benefit From a Falling Dollar

The U.S. dollar has been dropping—and that’s good news for the stock market and companies that get a large chunk of their sales from overseas.

Everything has been working against the dollar of late. Bond yields have fallen along with the rate of inflation. The fixed-income market appears to be anticipating that the Federal Reserve will stop raising interest rates as soon as this summer as the economy slows. The stock market’s rally, too, shows that investors are less worried and have less need for the dollar as a haven. These factors have weighed on the U.S. Dollar Index which has dropped about 10% from a multidecade peak reached in late September.