Dow tariff Teflon stocks: stocks holding up as the Dow plunges 1,500 points
Seeking Alpha News (Thu, 03-Apr 11:04 AM)
As the Dow Jones Industrial Average (DJI) plunges 1,500 points, and is currently about -4.4% year-to-date, we look at the stocks holding up in the index.
CNBC first used the term “Teflon market” to refer to a market that appears to be unaffected by negative news or events, as if not sticking to a Teflon pan.
Coca-Cola (KO) – Up 3.42%
Johnson & Johnson (JNJ) – Up 2.94%
Verizon Communications (VZ) – Up 2.67%
UnitedHealth Group (UNH) – Up 2.43%
Procter & Gamble (PG) – Up 1.85%
McDonald’s (MCD) – Up 1.65%
Merck & Co. (MRK) – Up 1.51%
Amgen (AMGN) – Up 1.01%