The intended Department of Health and Human Services nominee Robert F. Kennedy Jr. could push through policies that will provide a tailwind for some food and beverage stocks, despite the pressure the sector has seen since news of his potential appointment. “A knock-on effect of RFK could be expansion of an already strong trend toward…
A chip and snack food display at a convenience store in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Soda titans PepsiCo and Coca-Cola dropped more than 4% and 1.3%,…
October is off to a rocky start, but a strong period of seasonality is only just beginning – particularly for select dividend-paying stocks, Bespoke Investment Group found. “Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best,” the firm said in a report earlier…
It’s going to be hard to count on another strong month for stocks after September’s performance. The third quarter’s final month, often regarded as the weakest month of the year for stocks, has been surprisingly good for investors. The major market averages were on track as of Friday to close it out with a robust…
A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. Andrew Kelly | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up…