Stock Market Update for Thursday, April 19th, 2018
Stocks dropped for the first time this week, giving back around a third of their weekly gains. The weakest sector today was “consumer staples” with a loss of 3.1%. Tobacco giant Philip Morris (PM) was responsible for the slide in consumer staples. PM reported a decline in cigarette shipment volume for the first quarter, and plunged 15.6% … Read more