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Sector Update: Consumer
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Sector Update: Consumer
Mar 20, 2024 10:55 AM

01:32 PM EDT, 03/20/2024 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) little changed and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%.

In corporate news, Signet Jewelers' ( SIG ) fiscal Q4 sales declined from a year earlier, missing market estimates, and the company issued a downbeat revenue outlook. The shares tumbled 11%.

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