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Sector Update: Consumer
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Sector Update: Consumer
Jul 9, 2024 1:49 PM

03:33 PM EDT, 07/09/2024 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.

Redbook US same-store sales last week rose 6.3% from a year earlier following a 5.8% increase in the previous week.

In corporate news, Expedia ( EXPE ) shares rose 2.7% as Wells Fargo increased the price target on the travel reservations company's stock to $140 from $137.

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