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

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Sector Update: Consumer

May 3, 2024 1:43 PM

03:29 PM EDT, 05/03/2024 (MT Newswires) -- Consumer stocks were higher late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.8%.

In corporate news, El Pollo Loco ( LOCO ) shares jumped 13% in recent trading, a day after the company posted Q1 adjusted net income and revenue ahead of consensus.

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