New York, Jan 7, 2026, 18:37 ET — After-hours
- P&G shares closed down 1.4% at $138.04, extending a seven-session losing streak
- Wall Street turned choppy after weaker U.S. labor data, with Friday’s government jobs report ahead
- P&G is set to discuss fiscal second-quarter results on Jan. 22
Procter & Gamble (PG.N) fell 1.4% to $138.04 at Wednesday’s close. It touched $137.64 earlier in the session.
P&G is a bellwether for consumer staples, and the steady slide is landing just as traders brace for earnings season and a messy macro tape. The S&P 500 ended lower while the Nasdaq held up on a renewed tilt toward AI-linked stocks; “Investors have come into 2026 with a similar playbook to last year: Buy tech and forget about it,” said Jake Dollarhide, chief executive officer of Longbow Asset Management. The S&P 500 is trading at about 22 times expected earnings, above its five-year average of 19, according to LSEG data. 1
Data on Wednesday showed U.S. job openings fell by 303,000 to 7.146 million at the end of November, the Labor Department said in its Job Openings and Labor Turnover Survey (JOLTS), which tracks demand for workers. Economists polled by Reuters forecast nonfarm payrolls rose about 60,000 in December, with the unemployment rate seen easing to 4.5%, ahead of Friday’s monthly government jobs report. 2
The stock has now notched seven straight daily declines and sits about 23% below its 52-week high of $179.99 hit in March. Trading volume ran above normal, while rival Colgate-Palmolive (CL.N) edged down 0.1% in the same session. 3
The company is scheduled to discuss fiscal second-quarter results on Jan. 22, with a webcast set for 8:30 a.m. ET. Investors will be listening for updates on pricing versus volumes and any hints on costs and currency effects that could shape the back half of the fiscal year. 4
But the setup cuts both ways. If Friday’s jobs data keeps the market leaning into tech and away from defensives, P&G could stay stuck in this grind lower into its results, and a cautious tone on demand would not help.
Next up is Friday’s U.S. payrolls report, which can swing rate-cut bets and the dollar — two inputs that feed quickly into big, global consumer names. For P&G investors, the next hard catalyst is Jan. 22.
