Summary
The S & P 500 has shed more than 4% in April through Wednesday, reducing its year-to-date gain to 5.3%. The Dow Jones Industrial Average is down 5.2% this month and is now nearly unchanged on the year. Bank of Hawaii is one such unloved and struggling stock. The outlook on CBS television parent Paramount Global is also dim, according to the Wall Street consensus. Recent reports on the company's potential merger with Skydance Media have put more downward pressure on the stock.