- Packaged food stocks are outperforming broad market averages on the day as some investors take shelter in stocks trading with lower multiples or paying dividends.
- Notable gentle gainers on the day include TreeHouse Foods (THS +2.1%), Campbell Soup (CPB +1.0%), General Mills (GIS +0.7%), Kellogg (K +0.6%), B&G Goods (BGS +1.3%), Archer-Daniels-Midland Company (ADM +1.3%), Hostess Brands (TWNK +0.8%) and Kraft Heinz (KHC +1.5%).
- The Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ) is up 0.43% compared to the 1.50% drop for the S&P 500 Index.
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