Francesca Fontana

Earnings season is in full swing, and one big sector to watch during the week was consumer products makers, as a bunch of them announced outlook cuts that gave us a window into how the trade war is affecting the makers of everything from shampoo to detergent to toilet paper. Some names for you, Kimberly-Clark, Procter & Gamble, and Colgate-Palmolive.

Kimberly-Clark, Kleenex tissues, Huggies diapers, on Tuesday said it expects $300 million in new costs this year related to the trade war. And Procter & Gamble, which makes Tide detergent, for one, on Thursday posted lower sales and said it would do whatever it could, including possibly changing product formulations, to mitigate the effects of tariffs.

Kimberly-Clark, Kleenex tissues, Huggies diapers, on Tuesday said it expects $300 million in new costs this year related to the trade war. And Procter & Gamble, which makes Tide detergent, for one, on Thursday posted lower sales and said it would do whatever it could, including possibly changing product formulations, to mitigate the effects of tariffs.

On Friday, Colgate-Palmolive bucked the trend a bit by posting better-than-expected results, but executives said consumers worried about the economy have been buying less. So how'd the stocks do this week? Well, Procter & Gamble ended down 5%, Kimberly-Clark fell 7.9%, and Colgate-Palmolive dropped 1.7%.

On Friday, Colgate-Palmolive bucked the trend a bit by posting better-than-expected results, but executives said consumers worried about the economy have been buying less. So how'd the stocks do this week? Well, Procter & Gamble ended down 5%, Kimberly-Clark fell 7.9%, and Colgate-Palmolive dropped 1.7%.

Now back to Alphabet, parent company of Google and one of the first big tech companies to report its quarterly results this season. And in the midst of all the economic turbulence, its latest earnings managed to hold up. Alphabet's operating income beat Wall Street's expectations, and it's still spending hand over fist to invest in AI.

Now back to Alphabet, parent company of Google and one of the first big tech companies to report its quarterly results this season. And in the midst of all the economic turbulence, its latest earnings managed to hold up. Alphabet's operating income beat Wall Street's expectations, and it's still spending hand over fist to invest in AI.

In the first quarter, capital expenditures reached a record $17.2 billion. Google's all-important advertising revenue rose 8% on the year, But this is something to watch as the rest of the year unfolds. Because while most of Google's business isn't directly affected by all the tariffs, the ad sector is vulnerable in an economic downturn. And it makes sense, right?

In the first quarter, capital expenditures reached a record $17.2 billion. Google's all-important advertising revenue rose 8% on the year, But this is something to watch as the rest of the year unfolds. Because while most of Google's business isn't directly affected by all the tariffs, the ad sector is vulnerable in an economic downturn. And it makes sense, right?

Brands tend to pull back spending when consumers aren't in the mood to buy. Alphabet shares ended up adding 1.5% on Friday after the company reported Thursday afternoon. And on the week, the stock gained 6.8%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.

Brands tend to pull back spending when consumers aren't in the mood to buy. Alphabet shares ended up adding 1.5% on Friday after the company reported Thursday afternoon. And on the week, the stock gained 6.8%. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.

Today's show was produced by Zoe Kolkin and Michael LaValle with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend and see you next Saturday.

Today's show was produced by Zoe Kolkin and Michael LaValle with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend and see you next Saturday.

Hey, listeners. It's Saturday, April 19th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. After some relative calm earlier in the week, the tariff angst came for the chip industry on Wednesday and ended up weighing down tech stocks.

Hey, listeners. It's Saturday, April 19th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. After some relative calm earlier in the week, the tariff angst came for the chip industry on Wednesday and ended up weighing down tech stocks.

Also turning stocks lower was a warning from Fed Chair Jerome Powell, who said there was a strong likelihood that the economy would take a hit from President Trump's trade war. The Dow was also dragged down Thursday by disappointing results from UnitedHealth, with the health care bellwether's share price having an outsized effect on the price weighted index. But more on that in a bit.

Also turning stocks lower was a warning from Fed Chair Jerome Powell, who said there was a strong likelihood that the economy would take a hit from President Trump's trade war. The Dow was also dragged down Thursday by disappointing results from UnitedHealth, with the health care bellwether's share price having an outsized effect on the price weighted index. But more on that in a bit.

And Friday, as you likely noticed, the stock market was closed for Good Friday. On the week, the S&P 500 lost 1.5%, the Dow fell 2.7%, and the Nasdaq fell 2.6%. First up, let's talk about some big movers outside of all the tariff drama, like Eli Lilly, one of the drug makers vying for the weed in the race for a weight-loss pill.

And Friday, as you likely noticed, the stock market was closed for Good Friday. On the week, the S&P 500 lost 1.5%, the Dow fell 2.7%, and the Nasdaq fell 2.6%. First up, let's talk about some big movers outside of all the tariff drama, like Eli Lilly, one of the drug makers vying for the weed in the race for a weight-loss pill.

A little context, pharmaceutical companies including Lilly and Novo Nordisk, which currently dominate the obesity market with injectable drugs like Zepbound and Wegovy, have been testing pills that could help people lose weight. The market for weight loss drugs has been on fire, and analysts say it could reach $100 billion by the end of the decade.