Consumer-Staples Shares Outperform Market as Households Hunker Down - News Summed Up

Consumer-Staples Shares Outperform Market as Households Hunker Down


Investors are anticipating the needs of the stay-at-home consumer. Among the stocks that outperformed the market on Wednesday despite a deep selloff in U.S. equities were companies selling the basics that people need to care for themselves as they work from home during the novel coronavirus pandemic. These companies are also positioned to register a boost in business from possible stimulus checks under discussion in Washington.


Source: Wall Street Journal March 18, 2020 20:26 UTC



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