XLP is trading at $89.76, up 3.04%, as Procter & Gamble beat quarterly earnings and revenue expectations.
- Adjusted EPS was $2.00 versus $1.88 expected; sales were $23.3 billion versus $22.8 billion expected.
- P&G shares rose more than 5% in morning trading, helping lift the staples sector despite technology losses and rising oil prices amid renewed Middle East tensions.