Believe it or not, there were some winners in the stock market this week

NEW YORK (AP) — Most of the numbers on Wall Street this week were bright red, but not all of them.

Companies that focus on food, health care and other necessities gained ground or held relatively stable, despite a slump in the broader stock market over worries about an escalating trade war that erased trillions of dollars in value for the biggest U.S. companies. Big Tech stocks, specialty retailers, travel and energy companies took sizeable losses.

At the same time, many investors in search of safer places to put their money shifted their focus to companies that tend to hold up during economic slowdowns and recessions. They figured that Americans still need health care, basic necessities such as food, soap and toilet paper, and electricity to power their homes. Plus the occasional alcoholic or carbonated beverage.

“The market is pricing in a big hit to the broad economy from tariffs cutting into corporate profits, hurting hiring, and curtailing consumer spending," said Bill Adams, chief economist for Comerica Bank.

Here are some companies that have managed to post gains or minimal losses for the week:

Food makers, grocery stores, and restaurants all expect to feel an impact from higher costs on imported products. Food, especially at grocery stores, is among the many expenses that can't be completely cut out of a budget and will likely be grudgingly absorbed by people.

Conagra, up 0.5%

General Mills, up 0.9%

Hormel Foods, up 1.3%

Electric, gas and other utility operators are also more resilient in shaky economies. It's another expense, much like gasoline for cars, that can't reasonably be cut out of a person's budget.

Exelon, up 1.4%

American Tower, up 2.1%

Consolidated Edison, up 0.5%

American Water Works, up 0.7%

Health care is among the safer sectors for investors. Hospital operators, insurance companies and other health-care related businesses are considered necessities.

Molina Healthcare, up 7.4%

Centene, up 3.2%

UnitedHealth Group, up 1.8%

Grocery stores and big retailers with substantial grocery sections are also considered resilient. Discount retailers often also benefit from consumers downshifting spending.

Kroger, up 0.7%

Dollar General, up 7.6%

TJX Companies, up 3.3%

Restaurant companies are often among the hardest hit amid high inflation and economic downturns as people trim budgets. But some of that spending often shifts to lower cost options, such as fast food and casual dining.

Domino's Pizza, down 0.7%

Consumers that tend to cut back on eating and drinking out also shift some of that spending toward home consumption. Beer and soft-drink makers have warned that tariffs will hurt their bottom lines, but investors have been shifting some of their focus toward the bigger players.

Molson Coors Beverage, up 1%

Coca-Cola, down 0.6%

FILE - Clorox disinfecting wipes are displayed, April 21, 2021 in a New York store. (AP Photo/Mark Lennihan, File)

FILE - McDonald's commercial advertisement is seen at a bus stop in Prospect Heights, Ill., March 24, 2025. (AP Photo/Nam Y. Huh, File)

FILE - A lone shopper pushes a cart toward the entrance of a Costco warehouse, March 13, 2025, in Sheridan, Colo. (AP Photo/David Zalubowski, File)

FILE - A customer leaves a Domino's pizza shop in Norwood, Mass., July 15, 2019. (AP Photo/Steven Senne, File)

FILE - A customer moves purchases at a Kroger grocery store in Flowood, Miss., June 26, 2019. (AP Photo/Rogelio V. Solis, File)

CHARLESTON, S.C. (AP) — The Charleston Open is keeping Credit One Bank as its title partner through 2031 along with the tennis tournament paying equal prize money to women and men starting in 2026.

Credit One Bank announced the rights extension Sunday on the final day of this year's event. Prize money for the WTA-500 level event will be the same as the men's ATP-500 level event. That will make the Charleston Open the first standalone WTA 500 tournament to hike prize money before the 2033 goal for all weeklong WTA 1000 and 500 events to pay the same prize money to women as for men.

The 500 level is two below Grand Slams and one level below Masters 1000s.

Amber Greenwalt, Credit One Bank's senior vice president of brand and advertising, said the tournament has had a legacy of empowerment since 1973. This tournament was the first where women were offered $100,000 in prize money in 1973 and first to be broadcast live on network television. Inaugural champ Rosie Casals's $30,000 check was the largest payout to a woman that year.

“This commitment reflects our dedication to advancing equity both on and off the court, as we continue to champion progress and opportunity for all,” Greenwalt said in a statement.

The 2025 Charleston Open prize money will be $1.06 million and had been set to rise to approximately $1.15 million for 2026. The purse will match the ATP 500 event, which typically is more than $2 million with the amount finalized once the official prize money is released for the 2026 season.

“We are proud to take this action as part of our ongoing commitment to acknowledging the hard work and dedication of our athletes, leading by example for the next generation," tournament owner Ben Navarro said.

The nine-day event kicks off the clay season for the WTA Tour with a singles draw of 48 players, a qualifying draw of 28 and a doubles draw of 16. The Charleston Open is the largest women's only tennis tournament in North America.

AP tennis: https://apnews.com/hub/tennis

FILE - Belinda Bencic, of Switzerland, returns a shot to Ons Jabeur, of Tunisia, during the championship match at the Charleston Open tennis tournament in Charleston, S.C., Sunday, April 9, 2023. (AP Photo/Mic Smith,File)