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Sector Update: Consumer
Sep 6, 2024 12:35 PM

03:20 PM EDT, 09/04/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%.

Redbook US same-store sales rose by 6.3% from a year earlier in the week ended Aug. 31 after a 5% year-over-year increase in the previous week.

In corporate news, Mondelez International ( MDLZ ) shares spiked almost 4% after the company's finance chief, speaking at a conference, hinted at upbeat Q3 results.

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