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Sector Update: Consumer
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Sector Update: Consumer
Oct 3, 2024 12:06 AM

01:49 PM EDT, 09/27/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher.

In corporate news, Costco's (COST) fiscal Q4 earnings rose more than expected while the warehouse chain's revenue fell short of Wall Street's estimates. Its shares were falling almost 2%.

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