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Sector Update: Consumer
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Sector Update: Consumer
Jun 14, 2024 12:43 PM

03:24 PM EDT, 06/14/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 1%.

In corporate news, Home Depot ( HD ) is planning to fund the acquisition of SRS Distribution via the issue of up to $10 billion in debt, Bloomberg reported Friday. Home Depot ( HD ) shares were falling 0.7%.

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