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Sector Update: Consumer
Jul 17, 2024 11:03 AM

01:42 PM EDT, 07/17/2024 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 1.4%.

In corporate news, VF (VFC) shares jumped 9.4% after it said Wednesday it agreed to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.

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