Staples Hold Up, Food & Beverage Gains as Investors Flee Risk

As equities slumped, investors rotated into defensive sectors, lifting consumer staples like McDonald’s (+1.09%) and Coca-Cola (+1.04%), while growth names such as Amazon and Nvidia fell nearly 5%. The divergence underscored a clear risk-off mood, with traders favoring food, beverage, and essential goods amid geopolitical uncertainty and rising volatility. Analysts said the rotation reflects short-term caution as investors seek stability in predictable cash-flow sectors while trimming exposure to high-beta tech stocks.