Food Stocks Fall as RFK Jr. Nomination Advances -- Market Talk

Dow Jones
02-04

1056 ET - Shares of big food companies dip after Robert F. Kennedy Jr. clears a Senate Finance Committee vote on his prospective leadership of Health and Human Services. While Kennedy said he supported vaccines in his Senate testimony, aiming to calm concerns over some of his past criticisms, he reiterated concerns about processed foods, which he's blamed for exacerbating chronic disease. Kraft Heinz recently down 2.3%, with other food stocks like Campbell's, JM Smucker and General Mills down around 2%. ( jacob.bunge@wsj.com; @jacobbunge)

 

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February 04, 2025 10:57 ET (15:57 GMT)

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