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

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Sector Update: Consumer

Sep 1, 2024 4:43 AM

01:36 PM EDT, 08/29/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.1%.

In corporate news, Best Buy ( BBY ) shares jumped 15%. The company lifted its full-year earnings outlook following better-than-expected fiscal Q2 results.

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