The Latest Breaking News from XLP

Although PepsiCo has underperformed relative to the consumer defensive sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Stable Fidelity funds can help you keep your cool through volatile markets and might even improve your performance during stock drawdowns.

The consumer staples sector has outperformed the slumping market in recent days, with the XLP ETF thriving as a defensive standout amid economic fears.

Procter & Gamble has outperformed the consumer staples sector over the past year, and analysts are moderately optimistic about the stock’s prospects.

The Consumer Staples Select Sector SPDR Fund (NYSE: XLP) is beginning to gain notable momentum after breaking above key moving averages and prior resistance.

Brown-Forman has underperformed the consumer defensive sector over the past year, and analysts remain cautious about the stock’s prospects.

The odds of a recession is rising amid the relentless inflation and the Fed’s hawkish stance on it. Market uncertainties are widespread, and investors must exercise extreme caution at this hour. We think quality ETFs Consumer Staples Select Sector (XLP), Invesco Preferred (PGX), and Vanguard Utilities Index (VPU) could be…

Goldman Sachs economists slashed U.S. growth forecasts and warned of potential recession risks earlier this month, citing uncertainty surrounding the Federal Reserve’s tighter monetary policy to fight 40-year high inflation. In navigating growing economic risks, defensive ETFs like Fidelity MSCI Utilities (FUTY), GraniteShares Gold (BAR), and Consumer Staples Select (XLP)…