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0.000165535507366297 -0.000413838768415919 -0.00140705181261382 -0.000620758152623761 0.000869061413673148 0.00115874855156432 0.00115874855156432 0.00115874855156432
Stock impact report

Strength of U.S. consumer staples stocks shows cracks as market recovers [Reuters]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Reuters
Strength of U.S. consumer staples stocks shows cracks as market recovers By Lewis Krauskopf NEW YORK, April 14 (Reuters) - A broad rebound in U.S. stocks is leaving behind shares of some supermarkets, household product makers and other staples companies that provided a haven in last month’s coronavirus-fueled selloff. The U.S. consumer staples sector is up 22% since March 23, as of Tuesday afternoon, lagging a rally that has seen the S&P 500 gain nearly 27% in that period. Consumers stocking up on groceries, cleaning supplies and other essential goods last month helped boost the sector’s performance and bolstered its reputation as a hideout during uncertain times. The group is down only 7.5% since the S&P 500 hit its closing high on Feb. 19, buoyed by gains in stocks such as Clorox, General Mills and Kroger. The S&P, by comparison, has lost 16% from its high. But the sector could stall if investors believe that unprecedented stimulus efforts from the Federal Reserve and more than $2 t Show less Read more
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