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

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Sector Update: Consumer

Oct 3, 2024 12:26 AM

01:48 PM EDT, 09/20/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, FedEx ( FDX ) shares tumbled more than 13% after it reported a surprise drop late Thursday in fiscal Q1 adjusted earnings and revenue.

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