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Sector Update: Consumer
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Sector Update: Consumer
May 13, 2024 10:52 AM

01:31 PM EDT, 05/13/2024 (MT Newswires) -- Consumer stocks were declining Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, GameStop ( GME ) shares soared 63.5% after "Roaring Kitty" -- the social media persona behind the 2021 rally in the video game retailer's stock -- resurfaced on X after a seemingly three-year hiatus.

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