Sector Update: Consumer-March 2024-www.financetom.com

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Sector Update: Consumer

Aug 9, 2024 12:45 PM

03:28 PM EDT, 08/09/2024 (MT Newswires) -- Consumer stocks were edging higher late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.

In corporate news, E.W. Scripps (SSP) shares tumbled nearly 19% in recent Friday trading, a day after the company's Q2 revenue fell short of market expectations.

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