A new CEO has been named at Pepsi, and it's a SHE! The roster at the top is mostly male, but this announcement makes Pepsi looks cutting edge. Added to that, she is not American but is Indian. It's a changing world. And the cola is no longer leading sales at this iconic company. Gatorade is saving the day!
On another front, the ceasefire in the Middle East helped ease fears on Wall Street. NASDAQ was the big winner, gaining about 1/2% on the day. Larger companies had flat showings. Wall Street is still spooked about inflation, and this week's numbers will give us better direction.
Dow +9.84 NASDAQ +11.33 (The Winner!) S&P 500 +1.47