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Sector Update: Consumer
May 16, 2024 12:49 PM

03:25 PM EDT, 05/16/2024 (MT Newswires) -- Consumer stocks were mixed in late Thursday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) gaining 1.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) decreasing 0.4%.

In corporate news, United Airlines (UAL) is no longer under a Federal Aviation Administration-mandated operational freeze, Bloomberg reported Thursday, citing a company message to employees it has viewed. The airline's shares were fractionally lower.

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