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Sector Update: Consumer
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Sector Update: Consumer
May 31, 2024 6:26 AM

08:56 AM EDT, 05/31/2024 (MT Newswires) -- Consumer stocks were mixed premarket Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was marginally higher.

Nordstrom ( JWN ) fell by more than 4% after it reported late Thursday a fiscal Q1 adjusted net loss of $0.24 per diluted share, compared with earnings of $0.07 per share a year earlier.

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