Estée Lauder job cuts, Merck guidance, PepsiCo: Market Minute

In This Article:

Brad Smith breaks down the top headlines on today's Market Minute as US stocks (^DJI,^GSPC, ^IXIC) seemingly shake off tariff worries.

Estée Lauder (EL) shares plunge after issuing weaker-than-expected guidance and announcing up to 7,000 job cuts.

Merck (MRK) stock tumbles as slowing China sales for its HPV prevention drug, Gardisil, weigh on the company's outlook.

PepsiCo (PEP) shares are under pressure following a cautious forecast due to tariffs. Read up on Yahoo Finance executive editor Brian Sozzi's biggest takeaways from speaking with PepsiCo CEO Ramon Laguarta.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

This post was written by Naomi Buchanan.