Consumer Stocks Mixed as Inflation, Job Outlook Remains Uncertain — Consumer Roundup
Complete. Here is the key summaryConsumer stocks showed mixed performance as falling oil prices alleviated inflation concerns, while labor market data indicated slowing payroll growth. The Conference Board's Employment Trends Index dropped to 106.69 in June. Meanwhile, Krispy Kreme's CEO announced strategies to boost sales via major retailers like Walmart and improve operational efficiency.
Stocks in the consumer sector were mixed amid a drop in oil prices likely to ease inflation fears, while payroll growth may be bound to slow down.
A reading of the U.S. labor market from The Conference Board receded slightly in June, suggesting slower payroll growth ahead, a gauge of employment showed. The Employment Trends Index, or ETI, slid to 106.69 in June, from a revised 106.9 in May.
Krispy Kreme's CEO Josh Charlesworth told WSJ he is working on expanding sales through Walmart and other big retailers, while increasing efficiency and hiring human doughnut artists.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
July 06, 2026 17:01 ET (21:01 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.