PepsiCo stock rises as Wall Street goes defensive, with soda-tax talk back in view
New York, Jan 13, 2026, 13:31 EST — Regular session PepsiCo shares gained 0.8%, hitting $142.50 in early afternoon trading Tuesday, outperforming a weaker broader market as consumer staples drove sector advances. The defensive bid stood out on a day when traders shied from risk, pushing U.S. Treasury bond prices higher and yields down. Policy pressure on sugary drinks has resurfaced. The World Health Organization warned that low “health taxes” are keeping sugar-sweetened beverages affordable across many nations. It renewed its push for higher levies, backing its “3 by 35” campaign aimed at increasing prices through taxation. (Reuters) Within the