The U.S. stock market was choppy last week, with the S&P 500 and Nasdaq slipping from record highs while the Dow inched up.

In this volatile setting, large-cap value mutual funds like those from Northern Funds, Goldman Sachs, Fidelity, Invesco, and Nuveen appeal to cautious investors. These funds invest in undervalued large-cap stocks that offer stability, dividends, and potential long-term outperformance compared to riskier growth or small-cap holdings.

Investors remain focused on whether the Federal Reserve will cut rates in September, though mixed economic data — including weak wholesale inflation, flat retail sales, and declining industrial production — has fueled uncertainty. 

Finsum: Consumer sentiment also fell, reflecting ongoing concerns about inflation, suggesting a further reason to tilt large cap.