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Sector Update: Consumer
Aug 14, 2024 10:55 AM

01:33 PM EDT, 08/14/2024 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, Kellanova ( K ) shares jumped 7.6% after it agreed to be acquired by Mars in an all-cash deal worth $35.9 billion, including assumed net leverage.

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