Consumer Staples Outpace S&P 500, with Smaller XLP Constituents Contributing Substantial Gains

NEW YORK, August 13, 2026, 18:22 EDT — With U.S. cash markets closed and after-hours trading ongoing, the State Street Consumer Staples Select Sector SPDR ETF rose 1.08% to $86.00, exceeding the S&P 500 by 0.38 percentage point as the benchmark hit a new high.

Philip Morris Drops 6% in Short Week on Zyn, FDA, CEO Webcast

Philip Morris Drops 6% in Short Week on Zyn, FDA, CEO Webcast

Philip Morris International Inc. ended the shortened trading week at $177.38, slipping 0.67% Friday and down 6.14% over the last five sessions. Shares of the Marlboro maker outside the U.S. remain well under the May 19 high of $193.05. The New York Stock Exchange was closed Saturday and for Memorial Day on Monday, May 25.
31 May 2026
Philip Morris International Stock (NYSE: PM) Update: Ex‑Dividend Drop Explained, ZYN Momentum in Focus, and Analyst Targets Ahead of Monday’s Open

Philip Morris International Stock (NYSE: PM) Update: Ex‑Dividend Drop Explained, ZYN Momentum in Focus, and Analyst Targets Ahead of Monday’s Open

Philip Morris International Inc. heads into the final full trading week of 2025 with investors balancing two forces: a mechanically driven “ex-dividend” price reset that hit Friday’s tape, and a longer-running debate over how durable PMI’s smoke‑free growth engine—especially ZYN—can be as competition heats up and regulators keep the category under a microscope.
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US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.