Global consumer products manufacturer Proctor & Gamble Co. (NYSE: PG) posted upbeat earnings in its fourth quarter of 2024.

The Dow industrials fell more than 400 points, or 1%, but reduced the drop to less than 200 points, or 0.4% one hour into the session.

In market capitalization terms, the stock tumble of the last three years has stripped more than $100 billion from the company ...