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Sector Update: Consumer
Aug 29, 2024 8:25 AM

01:31 PM EDT, 08/23/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.5%.

In corporate news, Purple Innovation ( PRPL ) shares popped 4.5% in recent Friday trading, a day after the company said it's streamlining its operations to reach a positive operating cash flow.

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