Consumer Staple Stocks surge Amid Economic Uncertainty and Trade Tensions
Consumer goods equities outperform the market, aided by increased economic uncertainties and global trade tensions. As investors seek stability, demand for critical goods businesses like Coca-Cola, Procter & Gamble, and Walmart is rising, sending the Vanguard Consumer Staples ETF (VDC) up more than 5% this year. Meanwhile, the Consumer Discretionary Select Sector SPDR ETF (XLY),…