Here Are the Winners of Wall Street’s Tumultuous Week
April 4, 2025
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Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor, Gabe led award-winning coverage of Charleston church shooter Dylan Roof’s capture in 2015, along with coverage of the Alex Murdaugh double murder trial. He is a graduate of the University of North Carolina-Wilmington. You can get in touch with Gabe by emailing g.whisnant@newsweek.com. Find him on Twitter @GabeWhisnant.
Gabe Whisnant
Breaking News Editor
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Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
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Most numbers on Wall Street were in the red this week, but a few sectors managed to buck the trend.
While mounting concerns over President Donald Trump’s escalating trade war dragged down the broader market—wiping out trillions in value from major U.S. companies—stocks tied to essentials like food, health care, and other consumer staples saw gains. Meanwhile, Big Tech, specialty retailers, travel, and energy companies were among the hardest hit, posting steep losses.
Notable performers included food producers like Hormel Foods and General Mills, household products companies such as Church & Dwight and Clorox, utility providers like Exelon and American Water Works, and healthcare firms including Molina Healthcare and Centene.
This is a developing news story and will be updated as more information is available.
Reporting by the Associated Press contributed to this story.
Most numbers on Wall Street were in the red this week, but a few sectors managed to buck the trend. Most numbers on Wall Street were in the red this week, but a few sectors managed to buck the trend.
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