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Sector Update: Consumer
Jun 5, 2024 12:52 PM

03:29 PM EDT, 06/05/2024 (MT Newswires) -- Consumer stocks were mixed in late Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) slipping 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%.

In corporate news, Walt Disney ( DIS ) is close to finalizing an agreement with a Florida oversight board that could include a $17 billion investment by the company in its Florida resort and possible fifth theme park at Walt Disney World, the Associated Press reported Wednesday. Disney ( DIS ) shares were falling 1.9%.

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