Sales volumes at P&G fell by 6% in the most recent quarter, the biggest drop in years.

Roblox's stock fell 6.7% after Morgan Stanley downgraded the company from "equal weight" to "underweight," saying that the stock's recent outperformance has limited upside.‍

Nelson Peltz, an activist investor, plans to mount a proxy fight for a seat on Walt Disney Co.'s board of directors. Peltz believes that he can help the company improve its performance and create shareholder value. If successful, Peltz would become the first activist investor to win a seat on Disney's board.

In tough times, American investors often turn to everyday consumer goods as a way to stabilize their portfolios.

Inflation is often said to be a tax on the poor, but this time it seems to have hit middle-income households the hardest.