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Sector Update: Consumer
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Sector Update: Consumer
Oct 2, 2024 9:36 PM

03:28 PM EDT, 10/02/2024 (MT Newswires) -- Consumer stocks declined late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each shedding 0.8%.

In corporate news, Formula One (FWONK) shares added 1.2% after the company announced a 10-year sponsorship deal with luxury giant LVMH.

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