Not every sector is getting pummeled by the Trump tariff rou
Not every sector is getting pummeled by the Trump tariff rout that is currently enveloping the broader markets.
Consumer staples — from companies that sell soda to those offering healthcare services and energy — continue to attract their fair share of inflows as traders seek out businesses less tied to economic cyclicality. Case in point in Monday's highly volatile trading session.
Shares of Coca-Cola (KO) are up 2% on the session, while rival PepsiCo (PEP) is up 3%. Procter & Gamble (PG) shares are up 1.2%. The iShares US Healthcare ETF (IYH) is up slightly, powered by gains in top holdings Merck (MRK) and Amgen (AMGN).
The IYH has tacked on 1.2% in March. The three aforementioned stocks have all notched gains so far in March, compared to a 3.1% drop for the S&P 500.