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Sector Update: Consumer
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Sector Update: Consumer
Jul 19, 2024 12:59 PM

03:31 PM EDT, 07/19/2024 (MT Newswires) -- Consumer stocks fell late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.7%.

In corporate news, Unilever ( UL ) started talks with interested parties on a potential sale of its ice cream business, worth as much as 15 billion British pounds ($19.37 billion), Bloomberg reported Friday. Unilever ( UL ) shares eased 0.1%.

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