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Sector Update: Consumer
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Sector Update: Consumer
Apr 10, 2024 11:02 AM

01:32 PM EDT, 04/10/2024 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 1.3%.

In corporate news, Delta Air Lines ( DAL ) reported Q1 results above market estimates, buoyed by robust travel demand, which the carrier continues to see in the ongoing three-month period. Its shares were 0.6% lower.

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