Sector Update: Consumer-March 2024-www.financetom.com

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Sector Update: Consumer

Apr 11, 2024 12:32 PM

03:21 PM EDT, 04/11/2024 (MT Newswires) -- Consumer stocks advanced late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1%.

In corporate news, Ford (F) cut the price of its electric F-150 Lightning truck as it prepares to restart deliveries this month following a halt earlier in the year, according to media reports. Ford shares were fractionally higher.

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