PepsiCo stock faces CPI week test as rate bets and Feb. 3 earnings loom
PepsiCo shares closed Friday up 0.39% at $139.91, down about 3% since Dec. 30. The U.S. December consumer price index is due Tuesday and could affect rate expectations and defensive stocks. PepsiCo will report fourth-quarter and full-year results on Feb. 3.
