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Sector Update: Consumer
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Sector Update: Consumer
Apr 26, 2024 10:53 AM

01:23 PM EDT, 04/26/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

In corporate news, AutoNation ( AN ) shares surged 8.4% after it reported mixed fiscal Q1 results with new vehicle revenue rising year over year despite lower prices, while used car sales dropped.

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