Reported about 7 hours ago
PepsiCo has revised its full-year revenue expectations downward, citing a decline in consumer demand and raising concerns about overall market strength. Investors are paying close attention to Treasury yields as the Federal Reserve may slow its rate cuts. Oil prices have also retreated after a surge due to geopolitical tensions, while Chinese retail stocks, including Alibaba and JD.com, are struggling amid doubts about stimulus measures.
Source: YAHOO