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September 01, 2020 10:18am
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Consumer Staples ETFs Mixed on Pepsi, Philip Morris

Exchange traded funds that track consumer staples stocks were higher Thursday but lagged the overall market as top holding PepsiCo (NYSE: PEP) shares fell nearly 5% after the company cut its outlook. “PepsiCo delivered quite solid results in the second quarter, increasing internal revenue 8%...
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