PEP

PepsiCo is seeing modest gains in pre-market action as investors continue to rotate into defensive consumer staples to hedge against tech-heavy portfolio volatility. While no specific company-level catalyst has been identified in the last 24 hours, the stock is benefiting from its reputation as a recession-resistant asset with a long-standing history of dividend growth. This move reflects a broader market preference for stability, as traders look to balance their holdings ahead of the opening bell.