CONSUMERS STA (XLP)

Investors are pulling out of top tech ETFs, despite strong performance, in favor of blue-chip stocks. Defensive sectors see inflows as tech weakens.

P&G CFO Andre Schulten said the company will focus on pricing, productivity, and innovation in the near term to counter the impact of President Donald Trump’s recent tariffs.

U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.

The company now expects full-year earnings per share to decline by 3%, marking a reversal from its earlier forecast, which called for mid-single-digit growth.

Earlier this week, smaller rival Kimberly-Clark lowered its annual profit target and warned that tariffs would raise input costs.

The Q1 report will likely set the tone for the packaged consumer foods sector this season and give a peek into how they will reposition themselves against higher import duties.

Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.

The FDA and food industry currently have an "understanding", not an agreement, for phasing out artificial colorants, the regulator said.

Shares fell 1.5% on Tuesday even as the benchmark S&P 500 index gained on reassuring remarks from top U.S. officials.

Amazon has been present in India for over a decade, while Walmart entered the local e-commerce market in 2017 with its $16 billion purchase of Flipkart.

The market is unequivocally saying an economic slowdown is in the cards. You simply don’t get utilities and staples as the leaders in a strong tape.

Federal prosecutors alleged that Walgreens violated the Controlled Substances Act by repeatedly filling prescriptions flagged as potentially unlawful.

Stocks in the U.S. were trading sharply lower by midday Monday, while gold and Bitcoin (CRYPTO: BTC) surged in tandem, as a renewed political storm surrounding Federal Reserve independence shook confidence in the U.S.

For decades, the two soda giants have produced the concentrate for their beverages in Ireland because of the country's low corporate tax rate. Now, there's a 10% import duty.

Investors are drifting towards companies that sell essential goods like groceries and household supplies, betting they will hold up better than other sectors amid ongoing economic uncertainty.

The company has reportedly received interest from several suitors for its international tissue business, which could be valued at $4 billion.

Defensive sectors offer stability during market downturns because they produce essential goods and services that remain in demand regardless of economic conditions.

It’s hard to gain perspective on the market given the daily swings we’re experiencing.