Procter & Gamble actions advance despite the market tends down due to tariff concerns

  • Procter & Gamble actions lead the Dow Jones index on Wednesday.
  • PG shares rotated 1.8% upwards while much of the US actions backed up tariff concerns.
  • Donald Trump said he didn’t want to see “too many” tariff exemptions.
  • The Dow Jones and the Nasdaq move down while Nvidia sinks more than 5%.

The actions of Procter & Gamble (PG) They led the field between the actions of the Dow Jones Industrial Average (Djia) on Wednesday. Concerns about US tariffs (USA) have led to a strong massive sale in technological actions, while many operators are directed towards safer blue actions such as Procter & Gamble. PG shares have won 1.8% at the time of writing this.

The Dow Jones is the one who stays out on Wednesday. Despite NVIDIA (NVDA) More than 5% fell, the Dow has lost only 0.1% at the time of writing near lunch. However, Nasdaq, centered on technology, has given more than 1.6%.

Shares investors were a bit altered by the statement of the president of the United States, Donald Trump, that he does not want “too many” exemptions on tariffs that will be implemented next week on April 2, an event that his administration has called Liberation Day.

News about the actions of Procter & Gamble

Rarely in the news, Procter & Gamble is a manufacturer and distributor of consumer products. As such, the market sees it as a safer bet in times of uncertainty. While consumer spending and the general economy of the United States are tending less favorably lately, consumers typically do not change their spending habits so drastically when it comes to needs.

Procter & Gamble offers five segments: beauty, toilet, health care, clothing and home care, and baby, female and family care. The company has strong control over many retail points of sale, since products such as Gillette, Oral-B, Downy, Charmin, Crest and Pepto-Bismol are family names.

The only thing notable lately among observers is the theory that dental products manufacturers could momentarily see a growth in sales of a product segment that is normally flaccid. This is because, in just the last week, Utah has become the first state of the US to prohibit fluoride in drinking water. Prohibiting fluoride in drinking water could become a trend, since the head of the US Department of Health and Human Services, Robert F. Kennedy, Jr., has described fluoride as a dangerous chemist.

Fluorine has been used in the US for more than 100 years due to its ability to reduce decay. Without fluoride in drinking water, health and dentistry experts hope to see a greater sample of patients with dental decay.

Similarly, a greater consumer approach in dental hygiene will become more necessary, especially for toothpaste brands such as CREST that offer fluorine options. Other analysts project that influenza medicines such as Procter & Gamble could see an incremental increase in sales this quarter, since the centers for disease control and prevention (CDC) report a remarkable increase in cases of flu is spring.

Procter & Gamble shares chart

Procter & Gamble has taken off from Tuesday’s closure at $ 162.85. The rebound is strong enough for some operators to believe that this is the beginning of a movement back to the historical maximums about $ 180.

Unfortunately for the bullies, however, the re-test of the resistance in $ 180 earlier this month joins the upper part near there since November 2024. That means that PG shares could be looking at a dual-ceiling bearish pattern modified. If that is the case, then PG investors could expect a return rotation to the level of $ 140.

However, as it seems on Wednesday, the movement towards security could push PG shares above the simple mobile average (SMA) of 200 days, now in $ 169, until concerns about the double roof pattern decrease. However, the bulls would need to push the price of shares above $ 180 to end anxiety on that technical structure.

DIARY GRAPH OF PG Shares

Source: Fx Street

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