PepsiCo Shares Fall As Fed Signals Hawkish Turn - PepsiCo (NASDAQ:PEP)

PepsiCo stock is under pressure as the Fed signals a hawkish stance and the market contemplates higher-for-longer rates. The Fed kept the federal funds target at 3.50%-3.75% and projected one rate hike by year-end, shifting expectations away from prior cuts. This environment makes higher-yielding fixed-income assets more attractive and pressures dividend stocks like PepsiCo, potentially compressing margins due to higher borrowing costs. Technically, PepsiCo trades about 2% below the 20-day SMA at $145.06, 5.7% below the 50-day SMA at $150.77, and 5.4% below the 200-day SMA at $150.31, with an RSI of 48.5. Key resistance sits at $160 and support near $139, while the company’s snack-focused portfolio (about 58% of revenue) and beverages remain core.