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Sector Update: Consumer
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Sector Update: Consumer
May 14, 2024 6:20 AM

08:48 AM EDT, 05/14/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) added 0.1%.

Alibaba Group Holding ( BABA ) fell more than 4% after reporting fiscal Q4 adjusted earnings of 10.14 renminbi ($1.40) per American depositary share, down from 10.71 renminbi a year earlier.

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