Markets

There's only one sector in the stock market doing well right now

Key Points
  • The S&P 500 Consumer Staples index is up 2.6 percent this month, on pace for the fifth straight month of gains. 
  • Consumer stocks led by gains in Conagra Brands and Philip Morris. Shares of Procter & Gamble also rise.
  • The Dow Jones Industrial Average and broader S&P 500 are sliding more than 5 percent each this month.
A woman pushes a cart while shopping at a Costco Wholesale Corp. store in Hackensack, New Jersey.
Ron Antonelli | Bloomberg | Getty Images

The S&P 500 Consumer Staples index is up 2.6 percent this month, on pace for the fifth straight month of gains, while both the Dow Jones Industrial Average and broader are sliding more than 5 percent each this month.

Consumer Staples is enjoying its longest winning streak since November 2009, led by Conagra Brands and Philip Morris. Shares of Procter & Gamble are up 8 percent in October, likely to be the best month for the stock since January 2013.

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