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Sector Update: Consumer
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Sector Update: Consumer
Dec 26, 2024 10:45 AM

01:19 PM EST, 12/26/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%.

In corporate news, Toyota ( TM ) shares jumped past 8% after Nikkei reported Wednesday that the carmaker is looking at a 20% return on equity target for fiscal 2025, doubling market forecasts of 11%.

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