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Sector Update: Consumer
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Sector Update: Consumer
Aug 14, 2024 6:10 AM

08:51 AM EDT, 08/14/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) gaining 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.1% recently.

Global-e Online ( GLBE ) shares declined by more than 9% after it lowered its 2024 revenue guidance to be between $710 million and $750 million, compared with the previous range of $733 million to $773 million.

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