Weekly consumer staples scan: Monster Beverage tops, Estée Lauder, Constellation Brands among laggers
Group 1 - Wall Street indexes were influenced by expectations of the Federal Reserve's decision on interest rate cuts, with markets pricing odds of a 25-basis-point rate cut next week [3] - All three major indices closed in positive territory, indicating a strong market response to the anticipated rate cut [3] - The Nasdaq Composite was among the indices that showed significant gains during this period [3]