Are you one of those consumers who rely on Proctor & Gamble's (P&G) trusted household items, such as Charmin toilet paper and Pampers diapers? If so, you might have noticed a shift in the market dynamics surrounding this corporate giant. On Tuesday morning, P&G reported a surprising drop in quarterly sales, leading to a nearly 7% decline in their shares. What's behind this unexpected downturn?
The stock market experienced a rollercoaster ride on Tuesday, with the S&P 500 and NASDAQ tumbling lower as shares of chipmakers and mega-cap companies faced downward pressure. The Dow, however, eked out a modest gain. This fluctuation comes as investors brace for a wave of big Tech earnings reports this week. But what's driving this volatility, and what does it mean for the future of tech stocks?