Consumer staples gain momentum as utilities lose safe-haven appeal

MSN
2026.06.01 20:01
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Consumer staples are gaining momentum, driven by broad-based optimism and positive EPS revisions for companies like ADM, Darling Ingredients, and UNFI. Conversely, the utilities sector is under strain as higher interest rates, AI-driven capital expenditures, and climate liabilities erode their traditional safe-haven appeal. Additionally, survey data highlights generational strategy shifts, revealing distinct differences between Gen Z and boomers regarding risk tolerance, asset preferences, and trading habits.