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Sector Update: Consumer
May 29, 2024 6:18 AM

08:52 AM EDT, 05/29/2024 (MT Newswires) -- Consumer stocks were down pre-bell Wednesday as the Consumer Discretionary Select Sector SPDR Fund (XLY) retreated 0.9% and the Consumer Staples Select Sector SPDR Fund (XLP) declined 0.3% recently.

Dick's Sporting Goods (DKS) rose past 7% after it reported higher fiscal Q1 non-GAAP earnings and net sales. The company also raised its full-year 2024 outlook.

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