Redburn Partners analyst Charlie Higgs initiates coverage on PepsiCo (NASDAQ:PEP) with a Sell rating.
Market Volatility Eases Slightly Following Hopes Of China COVID-19 Policy Change
US stocks closed mostly lower on Tuesday with markets awaiting guidance on the Federal Reserve's rate increase strategy.
US oil futures closed higher in the prior session on hopes that China would loosen its strict covid-19 restrictions that had raised concerns over the worldwide economic growth.
