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Sector Update: Consumer
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Sector Update: Consumer
Mar 21, 2024 10:54 AM

01:26 PM EDT, 03/21/2024 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.8%.

In corporate news, Academy Sports & Outdoors (ASO) issued a downbeat full-year outlook as the sporting goods retailer logged lower-than-expected fiscal Q4 results. Its shares fell past 6%.

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