New York, Jan 12, 2026, 19:05 EST — After-hours
- Procter & Gamble shares were last at $143.46 in late after-hours trade, up 1.1% on the day.
- Consumer staples led U.S. sector gains as investors leaned defensive ahead of key inflation data.
- Focus turns to P&G’s Jan. 22 earnings update for clues on pricing and volumes.
Procter & Gamble (PG) shares held near their session finish in late after-hours trading on Monday, after climbing 1.1% to $143.46. The consumer-staples sector also advanced, with the Consumer Staples Select Sector SPDR Fund up about 1.2%.
The move fit a defensive tone in U.S. equities, even as headline risk stayed loud. Consumer staples rose 1.4% on the day while financials and energy were the only two sectors in the red, according to a Reuters market wrap. (Reuters)
Investors are now staring at Tuesday’s U.S. consumer price inflation report for December, a release that can reset rate bets quickly. “This just ended the dollar’s New Year bounce,” Marc Chandler, chief market strategist at Bannockburn Global Forex in New York, said, after the Justice Department’s subpoenas involving Federal Reserve Chair Jerome Powell rattled confidence in the currency; Nomura FX analysts led by Craig Chan flagged “near-term crosswinds for USD” tied to Fed independence risk and a looming Supreme Court tariffs ruling. (Reuters)
U.S. stocks still eked out gains in regular trading, with the S&P 500 and Dow closing at record highs. The S&P 500 finished at 6,977.27, while the Dow ended at 49,590.20, according to an Associated Press market recap. (AP News)
For P&G, Monday marked a third straight day of gains, but the stock remains about 20% below its 52-week high of $179.99. Volume ran higher than normal, with about 12.5 million shares changing hands, MarketWatch data showed. (MarketWatch)
P&G, maker of household and personal-care staples, often trades like a shelter name when investors get picky about earnings visibility. That can work—until it doesn’t, especially when macro data pulls the market back into a rates-first mood.
Wall Street’s published targets still sit well above the tape. The average analyst target price tracked by MarketWatch was $167.05 as of Monday afternoon, based on 27 ratings. (MarketWatch)
But the trade can flip fast. A hotter-than-expected CPI print can lift Treasury yields and pressure dividend-heavy defensives, while a softer print can pull money back toward higher-beta growth and cyclicals. And for P&G specifically, investors will want to see that price hikes are still sticking without a bigger hit to unit volumes.
The next company catalyst is close: P&G is scheduled to host its fiscal second-quarter earnings conference call on Jan. 22 at 8:30 a.m. ET. (Pginvestor)
