If you, like us, have coveted the version of Coca-Cola available in Mexico made with sugar over corn syrup, rejoice: President Trump has said that the soda maker is going to start using “REAL Cane Sugar” in the US version soon. Coca-Cola has yet to confirm, but the announcement has already sent shares of one company lower. Some believe that cane sugar is healthier than corn syrup, which may be the “MAHA” motivation behind the push. On the other hand, the FDA just decided after years of deliberation that Juul can market its e-cigarettes in the US. Last we checked, cigarettes, whether in traditional or vape form, aren’t considered a healthy choice.
Better-than-expected retail sales for June and robust Q2 earnings propelled major indexes to record closing highs on Thursday. The S&P 500 rose 0.5%, the Nasdaq 100 gained 0.7%, and the Russell 2000 led the way with a 1.2% advance. The day’s gains were led in part by Albemarle, which jumped 7.6% after Chinese mining giant Zangge ordered a surprise halt on lithium production.
