Capital Economy, Business and Finance
Stock traders’ screens have shown a sea of red for much of the past week. But a heatmap of the S&P 500 reveals some rare exceptions.
he stock price of Lamb Weston, a distributor of value frozen potato products, is proving resilient to Trump’s tariffs.
So is Dollar General. Citi analysts say the discount retailer may benefit from consumer penny pinching and that dollar stores breaking the $1 price point is a change that has become increasingly “accepted” by consumers.
First Solar, the only major producer of solar panels headquartered in the US, has also posted gains while most other energy stocks tumbled.
Big tech and luxury stocks have been the biggest losers.
Defensives like food, utilities and healthcare are proving popular.
