Invesco S&P 500 Equal Weight Consumer Staples ETF Price & Performance (RSPS)

The S&P 500 saw a significant drop, with all its sectors facing losses due to trade war fears. Financial stocks led the decline with a 3.8% fall, while consumer staples remained steady. Major players like Citigroup and Bank of America suffered heavy losses, reflecting investor unease.1

As market sentiment shifts to caution, defensive ETFs like consumer staples are drawing attention. The Invesco S&P 500 Equal Weight ETF offers balanced exposure across sectors, avoiding over-reliance on tech. This strategy appeals to investors seeking stability during turbulent market conditions.2

Short-term treasury ETFs, like SPDR Bloomberg 1-3 Month T-Bill ETF, saw significant inflows following a milder-than-expected inflation report. The Consumer Price Index's lower reading reassured investors, leading to increased demand for safer asset classes amidst ongoing market adjustments.3