Consumer Cos Up on Energy Hopes - Consumer Roundup

Published: 2026-04-17 17:06:20 ET 600519.SS

Published on 04/17/2026 at 05:06 pm EDT

Consumer companies rose as fears about an energy shock receded.

Oil futures tumbled in New York after Iran said it was reopening the Strait of Hormuz in response to an Israeli cease-fire in Lebanon.

The U.S. Global JETS exchange-traded fund, a basket of major carriers rose almost 5% Friday, paring losses for the year to date to around 1%.

Chinese distiller Kweichow Moutai reported a drop in annual profit and revenue for the first time since its 2001 listing amid subdued consumption in China.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

04-17-26 1705ET