Consumer companies slid amid housing-market fears.
Used-home sales fell 8.4% in January, the biggest monthly decline since February 2022, after snowstorms and low consumer confidence slowed a housing market that was showing signs of recovery.
Unilever, producer of staples such as Dove soap and Hellman's mayonnaise, said underlying sales growth picked up in the fourth quarter, with an acceleration in Asia offsetting slower demand in the U.S. and Europe.
Other staples firms were not as sanguine. Shares of pest-control firm Rollins, which operates extermination companies such as Orkin worldwide, fell after its fourth-quarter earnings growth lagged Wall Street estimates.
Hyatt Hotels' fourth-quarter loss narrowed and the hotelier forecast a swing to a profit in 2026, amid growth in key performance measures in 2026.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
February 12, 2026 17:09 ET (22:09 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.