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Sector Update: Consumer
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Sector Update: Consumer
Jul 11, 2024 11:01 AM

01:32 PM EDT, 07/11/2024 (MT Newswires) -- Consumer stocks were in the red Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1%.

In corporate news, Tesla (TSLA) shares tumbled 5.9% after Bloomberg reported a delay in the company's robotaxi project.

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