Sector Update: Consumer-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Consumer

Jun 13, 2024 11:01 AM

01:36 PM EDT, 06/13/2024 (MT Newswires) -- Consumer stocks edged higher Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) both up 0.1%.

In corporate news, Liberty Global ( LBTYA ) plans to buy Warner Bros. Discovery's (WBD) equity stake in the Formula E electric car racing series, increasing the telecom company's ownership stake to 65%. Liberty shares fell 1.6%, and Warner Bros. tumbled 6.3%.

Previous page： Trump tariff rollback offers relief for Indian farmers Next page： FAA to end mandated cuts in domestic US flights

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Trump tariff rollback offers relief for Indian farmers

Nov 16, 2025

NEW DELHI (Reuters) -Indian agricultural exporters are among the winners from U.S. President Donald Trump's exemption of dozens of food items from his reciprocal tariffs regime, which some analysts say could help to revive lost demand. Trump on Friday removed tariffs he had imposed on more than 200 food products, including beef, as consumer concerns mount over rising U.S. grocery...

FAA to end mandated cuts in domestic US flights

Nov 16, 2025

* FAA says it will review reports some airlines did not comply with the restrictions * Agency imposed restrictions due to air traffic control safety concerns * Airlines canceled just a fraction of 1% of flights Sunday, far fewer than FAA required (Recasts with FAA announcement, updates with all-new material throughout) By David Shepardson WASHINGTON, Nov 16 (Reuters) - The...

FAA to end mandated cuts in domestic US flights

Nov 16, 2025

WASHINGTON (Reuters) -The Federal Aviation Administration late Sunday said it would end mandated cuts in domestic flights at 40 major U.S. airports effective at 6 a.m. ET (1000 GMT) Monday, easing restrictions that had been imposed over air traffic control concerns during the federal shutdown. FAA Administrator Bryan Bedford said the decision reflects the steady decline in staffing concerns. The...

BPCL buys 3.7 million barrels crude from West Africa, US and Mideast, sources say

Nov 16, 2025

SINGAPORE/NEW DELHI, Nov 14 (Reuters) - India's Bharat Petroleum Corp has bought about 3.7 million barrels crude oil from West Africa, United States and the Middle East via spot purchases this week to replace oil from Russia, trade sources said. The refiner bought one million barrels of Angola's Agogo crude from Eni for the first time and one million barrels...