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EPA:ENGI News 21 January 2026

PepsiCo stock dips 1% as investors weigh UK biomethane deal ahead of Feb. 3 earnings

PepsiCo stock dips 1% as investors weigh UK biomethane deal ahead of Feb. 3 earnings

NEW YORK, Jan 21, 2026, 13:24 EST — Regular session PepsiCo shares dropped 1.1% to $146.05 on Wednesday, giving back some of Tuesday’s gains. The stock lagged behind Coca-Cola, which slipped roughly 0.5%. Trading ranged from $144.95 to $147.95, with around 2.9 million shares exchanged by early afternoon. Wall Street’s key indexes rebounded around 1% following a steep drop the…
21 January 2026
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Stock Market Today

  • Energy and Materials Lead Sectors on Wednesday with Strong Midday Gains
    January 21, 2026, 4:42 PM EST. On Wednesday, the Energy sector outperformed, rising 2.8%, led by shares of EQT Corp up 6.2% and Devon Energy Corp up 4.1%. The Energy Select Sector SPDR ETF (XLE) gained 2.3% midday and is up 8.89% year-to-date. EQT and Devon Energy are significant holdings, composing roughly 3.9% of XLE's assets. The Materials sector followed with a 2.0% gain, boosted by Dow Inc. climbing 4.6% and Steel Dynamics Inc. 4.5%. The Materials Select Sector SPDR ETF (XLB) rose 1.6% midday and is up 7.94% year-to-date. Dow and Steel Dynamics represent about 5.8% of XLB's holdings. Overall, eight of the nine S&P 500 sectors were positive, with Utilities the only sector declining 0.2%. This mix reflects ongoing investor focus on energy and materials amid broader market rallies.
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