Stock market’s consumer sectors are ‘unfavorable’ after lagging S&P 500 earnings growth
1. Consumer sectors in S&P 500 remain unfavorable due to tariff concerns. 2. Q2 earnings showed mixed results, impacting shopper behavior according to Wells Fargo. 3. Retail giant Walmart's shares plummeted after missing profit expectations amid tariff pressures. 4. Economic forecasts are influenced by tariffs, with mixed impacts on consumer spending. 5. Recent S&P 500 performance remains strong, mainly supported by Big Tech stocks.