Consumer Blue Chips Lift Wall Street as Defensive Stocks Regain Favor

Defensive consumer companies drove Monday’s rally, with Procter & Gamble rising 2.29%, McDonald’s 2.17%, and Coca-Cola 1.76%. The advance reflected renewed demand for stable cash-flow businesses ahead of the Federal Reserve’s policy decision. Traders rotated capital into large-cap staples following several volatile tech sessions. The Dow added 0.8% as household-goods producers contributed nearly a quarter of index gains. Portfolio strategists cited sustained pricing power and consumer resilience as reasons for overweighting essential-goods sectors during this late-cycle expansion phase.