Tag: Consumer Staples

Unify Financial Advisors Weekly Market Update After a mid-week rally, the S&P 500 lost steam and closed down 0.44%. Year-to-date, the index remains slightly positive, up 0.49%. Defensive sectors, such as consumer staples, utilities, and health care, outperformed, while financials and information technology lagged. The Producer Price Index rose 0.5% in January, sparking concerns about inflation. Unemployment claims increased slightly, with 212,000 new claims for the week ...