Consumer Cos Up Amid Deal Activity - Consumer Roundup

Published: 2026-04-15 17:29:18 ET WFC

Published on 04/15/2026 at 05:29 pm EDT

Consumer companies rose amid deal activity and optimism about the durability of a U.S.-Iranian cease-fire.

Hopes that the Strait of Hormuz would soon reopen weighed on oil futures, diminishing fears that a global energy shock would spread to the U.S.

Sazerac offered to buy Brown-Forman for around $15 billion, as the maker of Jack Daniels contends with a glut of bourbon whiskey in Kentucky.

The NAHB/Wells Fargo Housing Market Index, a gauge of builder confidence in the market for newly built single family housing, was 34 in April, down from 38 in March, as rising building materials prices, elevated interest rates and an increased economic uncertainty weighed during the heart of spring-buying season.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

04-15-26 1728ET