---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42511929.md"
description: "$Johnson & Johnson(JNJ.US) rose three points, $Procter & Gamble(PG.US), and $Altria(MO.US) also edged up slightly – tech and chips were sold off, and money clearly moved to stable areas like consumer staples and healthcare. $McDonald's(MCD.US) and $Costco Wholesale(COST.US) basically didn't move much, just in that state where dividend and cash flow fundamentals provide support, slowly swaying along with the broader market.Interestingly, the VIX is still suppressed at the low level of 15-16. Usually, when volatility is low, capital leaves safe-haven assets, but today it's moving into defensive plays instead. This indicates that today's selling is due to AI valuations being too expensive, not panic about the economy. The rise in $Johnson & Johnson(JNJ.US) and $Procter & Gamble(PG.US) looks more like temporary shelter-seeking, not capital turning bullish on defensive sectors again."
datetime: "2026-07-08T10:43:43.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42511929.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42511929.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42511929.md)
author: "[稳稳的幸福](https://longbridge.com/en/profiles/26835020.md)"
---

# $Johnson & Johnson(JNJ.US) rose three points, …


### Related Stocks

- [600662.CN](https://longbridge.com/en/quote/600662.CN.md)
- [JNJ.US](https://longbridge.com/en/quote/JNJ.US.md)
- [PG.US](https://longbridge.com/en/quote/PG.US.md)
- [MO.US](https://longbridge.com/en/quote/MO.US.md)
- [MCD.US](https://longbridge.com/en/quote/MCD.US.md)
- [COST.US](https://longbridge.com/en/quote/COST.US.md)

## Comments (1)

- **山形 · 2026-07-09T02:37:09.000Z**: However, that dead fish NVO still falls with whatever it's supposed to fall with 🤣