Slight Negative Bias in Stocks, Oil Inches Higher
- Barry Adams
- U.S.A. New York City
Broad market indexes turned negative in early trading but small cap index edged up slightly higher as investors digested Fed officials' discussion about rate outlook and a plan to sell U.S. bonds. Crude oil edged higher to just below $97 and international oil hovered near $102 a barrel. Utilities and consumer products companies were in favor as investors looked for safe haven stocks.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| The Kraft Heinz Company | KHC | 1% | -18% | -8% |
| Philip Morris International Inc | PM | 1% | 27% | -8% |
| General Mills Inc | GIS | 0% | -2% | -25% |